Agree, currently there are more than 2400 coins and tokens and will continue to grow, this makes competition very tight, top 20 is a coin with loyal users and a large volume of transactions that will continue to survive.
Do you think that the thousands of coins will be able to survive in this tough market?
Few will excel but most are likely to get out due to the fact that this market is going on mainstream.
It is the reality that only few will be able to survive and not thousands.