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 seems that you want the development of new coins to be stopped because the crypto market has too many coins and developed existing coins, but I don't think that is possible because this is the first free market, second, there is no central authority to see coins entering cyrptoverse. So it will be difficult to just concentrate on certain coins, it's really up to us whether to support those who are backed by fundamentals and have real life use or go to shitcoins and only make money.