Well, there are some statements I strongly disagree with:
The first one: it's totally normal that there are some periods of bigger price changes and every coin/token will have them. To look at only one short timeframe and say this coin is less stable than another one makes no sense for me. Have a view for a longer period, the last 7 days are no reference at all.
So regardless of the reason of this last dip. I noticed 2 of the top 10 coins ( XRP and XLM) sort of survived the dip and performed well against BTC which usually is not the case comparing this dip to previews dips . take 11th oct 2018 for example.
in USD rate in the last 7 days :
BTC dropped : 13.48%
XRP dropped : 6.7 %
XLM dropped : 9.2%
also XRP surpassed ETH "not for the first time" but this time i think it will last.
I would avoid any comparison of BTC/ETH to XRP. XRP is highly hyped and there are many better ones. I don't know why XRP is so famous, maybe it's good misinformation of Ripple Labs to XRP holders to keep a lot of things unclear about XRP / Ripple Labs.
But yes, I really don't know why so many shitcoins have a value at all.
seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.
I don't think centralized shitcoins will overtake decentralized ones. Why should anyone support something that isn't beneficial for themselves...