Here is something, are we having too many altcoins listed on exchanges? coinmarketcap.com now has 1901 coins trading, some other platforms like coingecked have even more 2514
are we having too many alts?
Yes there are really too many altcoins listed on different exchanges but it cannot affect them to the whole crypto market, some excess with a good reputation and some still striving to get into the top and the rest can achieve nothing, it depends on the team behind on each coin.