In response to this,many alternative coins and tokens on various exchanges are traded based on speculation,this has resulted in many altcoin death both in the past and present.
However,I take into cognizance the type of product the developers want to showcase to its investors.I also carry put research to see how the team fund the project. On the hand,funding the project is not enough ,one need to evaluate the previous practical experience and academic  capacity.Investors have lost a huge amount of money
Purchasing coins with no real workimg product.