Many Alts are just clones so it's hardly surprising. A few Alts have strong use cases such as ETH and Steem etc. Most of the others only exist for speculation and are likely to die off as bitcoin gains mainstream adoption!
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Agree 100%. I look at the market caps of some of these coins and I'm just left scratching my head. How can a garbage coin with nothing to distinguish it from anything else have a market cap in the 10s of millions or higher?