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 don't agree with you. New coins or even big alts, can not compete with BTC at the moment. And the total marketcap which is approx. 150 billion USD dollars is very very small amount which leaves a lot of place for the growth of all strong coins and tokens at the same time.