There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?
Definitely other altcoins are needed to further pump crypto as a whole. As you can see, Altcoins are necessary coins for investor to provide exclusive services to consumers. In that sense, They will be more encouraged to invest to cryptocurrency which adds to the flow of values in this platform. Since most of the tokens are derived from BTc or ETH as a platform, they get affected by the rise and fall of the platform to which they are derived.