You could make the argument that if all of the capital in crypto only had to be spread across 50 coins that that would make each of those coins extremely more valuable. In light of that thought, is the huge variety of Altcoins ultimately a good or bad thing for crypto?
I think huge variety of altcoin is good for crypto because people can choose many kind of coin the want to invest. And i think crypto is spread throughout the world with billion population, so thousands of coins it doesn't have a negative effect, because the human population is very large