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?
Not necessarily friend, because we will not be able to guess that under the top 50 scattered altcoins will probably touch the top 10 because nowadays many people and developers are flocking to make coins for the future to be the next bitcoin competitor. it is not impossible, but it requires hard work and a great community to make it happen