Most altcoins are speculative objects with very volatile value. This makes them unsuitable both as means of payment and as long-term investment objects.
I plan to start a new altcoin to be tied to something that has a reasonably lasting value like precious metals or fiat money.
I would appreciate getting other people's opinion on what must be assumed to be the greatest interest and need. A means of payment pegged to fiat money or savings item pegged precious metals?
As you can describe, these are stablecoins, and we already have a lot of stablecoins in this market. For example: USDT, USDC, BUSD .. They are the biggest stablecoins in this market and have a lot of liquidity, so it is difficult for you to compete with them. Also, I also see many projects associated with gold, diamonds, oil ... but in the end they are just scam projects.