when i enter the market. only more than 700 digital coins. However, it has grown to 2000 in recent times. Many of them are fraudulent. But there are also some dark coin to invest. you need to be careful
It could even hit a million Cryptocurrencies one day. Nothing stops this from happening.
I bet some were worried that the number of websites were going up In the early days of the Internet.. . Here we are today with millions of Websites. Only few websites are actually sustainable and making money for the owners.
Similar things will happen in Crypto World. Altcoin will eventually be super easy to create. Many would have their own brand of coins. Sophisticated ones will exist and they will be hard to create. Not everyone will be successful at creating values out of the Altcoin.