You are very correct about this, the altcoins have no demand. But some actually have demands, they are bought, their prices went up significantly but later they are dumped for other coins. One thing I have known about experienced crypto investors that like risks is that they will buy the new altcoins, their prices will pump. Later the new altcoins will become old and they will dump the altcoins for another altcoins. This makes us to later think that we can classify the altcoins that they have no fixed supply as new ones are getting created and old ones are dumped. When memecoins are getting created like the rate insects are giving birth now, it takes less than few weeks or months for a new coin to become old and get dumped. But like you have said already also, many ifof the coins are even shit from the beginning.

You are very correct about this, the altcoins have no demand. But some actually have demands, they are bought, their prices went up significantly but later they are dumped for other coins. One thing I have known about experienced crypto investors that like risks is that they will buy the new altcoins, their prices will pump. Later the new altcoins will become old and they will dump the altcoins for another altcoins. This makes us to later think that we can classify the altcoins that they have no fixed supply as new ones are getting created and old ones are dumped. When memecoins are getting created like the rate insects are giving birth now, it takes less than few weeks or months for a new coin to become old and get dumped. But like you have said already also, many if the coins are even shit from the beginning.