why the hell is this coin worth so little when catcoin and the other scams are going through the roof! i've made 2btc from the cats i mined right at the start, but the millions of LOTs i have are worth peanuts!!!
what gives?
Do not worry.
catcoin was released in December 21 while Lottocoin was December 12.
The total number of catcoins mined by far is relatively less than that of Lottocoin. So the dump of catcoins finishes much earlier.
Let them dump now. After a few day, the price of Lottocoin will grow up greatly.
Looks like the OP answered his own question ie 'why the hell is this coin worth so little when catcoin and the other scams are going through the roof!'.
Answer is because their scams. Thats how they work. Pump 'n dump is the name of the game.
I disagree. I think it's because of supply and demand and perception.
There are fewer Catcoins on the market and currently a strong demand thanks to Catcoins riding the hype wave of Dogecoin. The perception is that they are valuable since there are less of them.
Once the hype fades, they will be just another has been coin.
Lottocoin has done a number of things wrong (I have already made clear my feelings), but I believe will be around for a while due to it not being tied into the Doge hype train. Also, the coin itself has a unique value and position that could take off should the community push towards that direction.
there is less suply since its getting slowed down on deposits @ cryptsy (manipulation)