I'm just curious if what are the effect of increasing number of altcoins in the market is it good or bad in crypto currency? Do we really need a lot of altcoins in the market ?.
I think increasing the number of altcoins in the market is not actually bad because it is helping to increase liquidity in the market. These altcoins are emanating from different ICO projects with different utility so they don't have negative effects on the market. It also help to break the monopoly of the market.