The number of altcoins or cryptocurrency in general is gradually increasing. While some coins have gain popularity and are well established others are on their way of getting popular and increasing in value. i personally think that if a lot of coins are introduced into the market, it will not help the crypto market. what do you think?
I heard the same talks over and over during 2013/2014, with some hundred cryptocurrencies (tokens didn't even exist). It is a free market, anyone can make a crypto and in the end the value will leave the shitty scamcoins and will just move to the many succesful projects and currencies.