After peaking at approx $800 bil in Dec 2017, cryptocurrency market cap gradually decreased (~ 289 bil on 23 Jul 2018). But in contrast, the number of exchanges
increased dramatically during that time.
Do people want to grab a piece of a smaller cake or they believe the cake become bigger? I am so doubtful about the latter scenario.
This is simply the way of making good money in a relatively short amount of time, so then, why of course, people want a piece of that cake!