Centralized policies aimed at curbing and controlling the use of altcoin as a more preferred asset class could be the reason behind the recent drop in the price of Altcoins most centralized bodies have made attempts to either regulate curb or completely ban altcoins and its utilities in there domain. Despite all the agitation some Polities are first movers in the acceptance of Altcoins and are even making investments in them. Despite the decline in the price of these altcoins they are still proving to be resilient.