Hi, I am new to all this, but help me understand this. If there is a crypto coin that is very useful and has functional value, not just speculative, say it becomes very expensive. What is to stop someone from just creating their own coin that is the almost identical to it, and using it instead, so high prices are not paid for the other coin? How can all these coins maintain high values, when people can just create as many new coins as they want?
what i can say here that if you are asking for some sure thing on crypto then you are really wrong on this because there is no such thing on crypto. All of these coins are based on some speculation and it is always pump and dump, you just need to be lucky enough to get pumped and being unlucky when it is dumped. High volumes are depends on demands so whenever there is demand price will always increasing and that apply vice versa