This is just another shitcoin, Dash is a league of its own.
I don't want to disrespect your opinion, but you seem a bit biased. Chaincoin is a fork of DASH codebase, sure it might not be up-to-date because the main developer has been inactive, but how does that make it a shitcoin and how is DASH not a shitcoin then?
The way I see it is that most coins out there are forks of bitcoin, with some additional features cross bred from other projects, it doesn't take so much efforts to see codebase upgraded to more recent core (bitcoin, dash, etc.) implementations.
The code for all those coins is opensource and it takes only a motivated C++ developer to contribute updates to the codebase.
My understanding is that people on all coins are shilling or bashing on coins based on superficial or shallow elements, going by those standards there aren't many coins that have strong intrinsic value, yet most people are doing speculation on the market place trying to take profit and dump as soon as profit figure sounds right.
What is happening on chaincoin is that a large amount of people are acquiring the supply, from people who are eager to take profit, hopefully the people buying at all stages will stay true to the principle of holding the coin for long run, as it has been the way for most coins to move up in terms of market value.
Those who are feeling jealous because people got a cheap masternode need to look at history of all masternode coins, where the same has been occuring over and over, for CHC the uptrend has been fast (days instead of month) but I don't see a difference with other similar coins in the fact that early adopters got masternode very cheap and can churn out decent residual income due to the fact they have been holding.
People who have negative emotion about the whole thing are better to refrain from spreading those, you can post rationale disclaimer and explain soundly why you won't invest or would invest, but spreading negative emotion without much grounding ("such coin is a shitcoin, period") don't help even yourself if you are holding crypto currencies in the grand scheme of things as it make it sound like a way more riskier and murky place than it should actually be.