Day by day new digital currencies are launching in a rapid rate and as a result of that now we have more than 1600 Altcoin's in the world but my concern is will increasing number of new Altcoin's can help for the betterment of crypto world ? or don't you think rather than introducing new once we need to make existing once more usable and reliable by giving them more expansion through business adaptation ?
It wont do long term harm, but will do short term harm because they will be bust soon, like 99 percent of the altcoins. Same as startups. Only a few of them will remain. Only the good few