I imagine if there is a lot of altcoins, there will be altcoins that will not survive and eventually lost. Will altcoins that survive has the capacity to raise its value as high as bitcoin?
It's a pity that there are already too many altcoins in the cryptos sphere presently. Who knows maybe what we are seeing now is even small compared to what we will see in next few years. The idea is to be cautious and invest in only the strong ones.