Which Altcoin to watch? There aretoo many of them to name and remember. The use cases are immense. And, every cryptocurrency has a reason to bein the market. By trial and error, thosewho do not pass the test of investors get thrown out of the market, and theyfade away.

Just like there is a fiatcurrency for each nation and a related GDP, there is a replication ofcryptocurrencies with different use cases. Each of them has a domain of theirown; however, in terms of digital currencies, the borders that define thelimits are not the geographical destinations.

Cryptocurrency Differentiating Factor

At some point in time, there will evolve a differentiating factor.  In terms of GDP, the Bitcoin is not included, and other Altcoins got not to include either.  The value of the cryptocurrencies are not standalone.  Whether accepted or not the value of any cryptocurrency is dependent upon an associated product or service delivered by the parent company or a sister concern.

Sydney Ifergan, Founder of TCAT token stated, “There is no idea of what creates the value of a Bitcoin or other cryptocurrency is a snake oil thing.”

GDP and Fiat currency arerelated. GDP is related to the finalproducts and services of a particular year. So, any currency, whether digital or otherwise, should be related tosomething. It cannot come out of thinair.

Masses Make the Cryptocurrency Move

The bulk of value transacted incryptocurrencies is not coming out of thin air without any link to thereal-time world. The digital Currencyand the fiat currency meet at some point in the real-time world.

So, what makes the price ofcryptocurrencies move? The need to avoid intermediaries is the reason thatwarranted the demand for cryptocurrency. A majority of the population is notinterested in paying the "lot of extra in transaction fees." Themasses agreeing not to pay the taxes are those who make the cryptocurrencymarket move.

Governments are voted for by theconstitution and approved by the people, and so they exist. Digital Currency is voted for by the people,and so they exist.

Every cryptocurrency is associated with a blockchain project which facilitates for a range of use cases.  The most wanted use case dominates and the rest of the use cases survive as a unique sector in the cryptocurrency industry.

The price correlations are probably based on the use case of each crypto.  This is what common sense suggests. 

The rest is for experts to clarify.  It helps investors to know what moves the price of cryptocurrency. Cryptocurrencies are not reported in the GDP as they are yet to be regulated and tracked.