Sporting a shitcoin is not as easy as we think. Some projects actually do have some product but their marketing strategy doesn't fit the project thereby making the price dump heavily. (...)
That's why I started to ignore such altcoins nowadays, even how promising their project is, still shitcoin is shitcoin.
Even they got a huge market cap, it's doesn't mean they are not shitcoins, a lot of altcoins nowadays that are in the top 100 highest market cap but you can see they are shitcoins.
You're right.
Many experts express their opinion that most altcoins in the cryptocurrency market generally do not have the right to be even in the top ten of the cryptocurrency market top ratings. Especially interesting is the statement of Blockfyre co-founder Simon Dedik, who negatively comments about Litecoin, EOS, Bitcoin Cash, XRP and Bitcoin SV and would like to see other coins in their place that have recently shown many times better performance, such as LINK, VET and ATOM.
Actually, in a sense, I understand his indignation, because EOS really tries unsuccessfully to copy ethereum, and the Bitcoin cash and Bitcoin SV want to defeat bitcoin, but as a result they do not succeed. And if you take Ripples as an example, then with the help of this coin manipulations are always performed so that developers can get another income.