Decentralisation yes.
I would say another key characteristic is a 'shipped' product. A working product. So many of these projects / ICOs are priced on hype and pure speculation. Those that are out there and functioning I think are being valued for that function. Doge is just as good an example of this as Bitcoin!
Privacy coins too? I think the crypto bear market is coinciding with some crises in more traditional markets + countries experiencing hyper-inflation. Dash has stayed strong and I wonder if its adoption in Venezuela has something to do with that?
I'm invested in and interested in POS privacy coin Spectrecoin, it's got the best tech and remains 'undiscovered', but can't see that lasting too much longer, especially when they launch stealth staking.
Agreed
Some legit projects like Spectrecoin (successor of ShadowCash) with
proof-of-stealth (or anonymous PoS staking) are definately would find its floor and soar with a next bull market on tech alone
There ICOs that ate really against all odds will stand because of its working products that's really essential to the the life of the people like product that would make life easier products that promotes technology services and the likes, ICO's like those will not depend on the price of cryptocurrency movement it become independent to the market trends because many will patronize their products due to need.