In my own opinion, the more altcoins and erc20 tokens being released everyday in market, the more it affects Bitcoin or even Ethereum's price to go down.Since the volume of investors should be instead investing on btc and eth are now divided to altcoins.What do you think?
I honor your opinion, mate. But I think even if there were lots of altcoins and lots erc20 tokens being released every day in the market, it has nothing to do with the price of Bitcoin and/or Ethereum. What I know is that the price of Bitcoin, Ethereum, and other coins (including tokens) are determined by supply and demand in the market where they're being traded.