Many community members have been claiming lately that altcoins are going to die or at least that 90% of altcoins are doomed. I tend to agree with them that there are many coins and tokens that are pointless and won't survive. Another cathegory are alts with solid foundations but won't manage to fight with their competitors as naturally there are numerous projects with same visions. But if you trust the project you invested in, there is no reason to change your mind just because someone says many altcoins won't succeed. Do your research and trust only your own judgement, because many ALTCOINS ARE HERE TO STAY!
That's right, because too many altcoins are emerging, the competition is getting tighter every day based on the demand of crypto holders or big traders who compete every day to get the slightest profit. especially due to dumpers that are too high, finally projects that do not have enough funds will feel overwhelmed and bankrupt