How can you say all alts are shitcoins, I make a lot of money on altcoin than Bitcoin,
back in 2017 (and it is starting to happen again these days) you could buy a dead coin (literary dead because it had no chain anymore) and it got pumped at least 500% and you could make a ton of money from it. that didn't change the fact that it was a shitcoin.
I'd refer to it as a single-cycle-coin.
Gets created
Gets hyped
Creator makes a shitload of money and runs
No more block chain
No more explorer
Exchanges throw it out
Bagholders are REKT