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?
Then the question is, 1000 alts is too little alts? Can you imagine how many companies exist in the world? There are 45508 companies listed on the stock exchanges around the world alone. Thus, if every company will make own token, then we will have that much of alts. I doubt that we can say we have too many alts, surely we do not have that great liquidity for most of them and that is the issue.