Would you say its more than even say 50 max? There are over 2k cryptos. Most are worth nothing. But how many are actually worth something?
Many good altcoin and having a good product. I am prefer choosing altcoin in top 200 rank in coinmarketcap. Too many token and coin in market make us confuise but it give us more choice when we decide to invest in altcoin but most that altcoin just pump and dump coin.