Now in altcoin 'economic theory'
or, it's better to say, in 'altcoin community consciousness' (the set of shared beliefs, ideas and moral attitudes which operate as a unifying force within community)
there are two main concepts of what altcoins must have to grow in value in a long-term perspective.
Of course, everyone will agree that a responsible development team and altcoins listing on main exchanges are very important,
but if that's ok, what else?
1. 'infrastructure' theoryA good altcoin must have good infrastructure (growing around altcoin services).
2. 'innovation' theory A good altcoin must have new innovative features and provide better maintenance (first of all, as a payment method for goods and services)
Let's add one more theory.
3. the concept 'nomen est omen'3.1. A good coin must have a bright name, an idea, a memorable trade history, to be a meme.
3.2. The earlier the release date, the better.
Why?
The first altcoins with bright, memorable names and/or dramatical trade history are like collectibles.
Investments in collectibles grow in value in a long-term perspective.
You can add an infrastructure, you can add innovative features - to any coin, theoretically, but you cannot change the past,
you cannot change the history that is in price logs and in a people's memory.
Thanks for reading. Have a good day everyone!