Many ALTS have NO value: Maybe the market will correct to this fact of life.
As long as they have market cap, they have value and price and what's better to say, they have no use.
As an example Tron was built on hype and has a huge marketcap: I am using this as an example regarding hype and overpriced!
Good catch as an example of a coin that has huge market cap and got overhyped by it's community. It has a price and use because of the recent news about it being accepted by pornhub, still this coin is nothing but a joke.