Each new coin/token has it own project and technology and purpose

. New coin/token created with main purpose that improve crypto world and seem like there are few coins/tokens are doing it really well

. Beside I think it's also really good for traders and investors cause they'll have more choice to invest their money in

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Yes its true so many tokens and coins are releasing daily because there are so many ico and project always releasing too. To improve each token what will be the possible potential in the future.