Majority of altcoins were started without any knowledge and they are only paying the dev that comes from the freelance to work with them all. that's why a lot of altcoins are getting fallen caused by they have no enough knowledge to develop the product.
from 10 altcoins and 3 will survive and the rest will die.
from 10 altcoins and 3 will survive and the rest will die.
Exactly. While this is true, there are still some altcoins that are unique from others in terms of development and innovation. Altcoins like NANO and IOTA are quite useful since they make use of a DAG algorithm which proves to be much more efficient than a traditional Blockchain. Other altcoins like Ethereum and Cardano, provide smart contract features expanding Blockchain's capabilities way beyond finance. These altcoins prove to be quite useful for the mainstream world.
However, their success will greatly depend on how many people adopt them within the long term. The lack of adoption from such altcoins, would make them rather useless as they would only be seen as speculative assets than a real currency for daily use. As for forked coins, I don't see any future on them. Most altcoins that are forked or copied from another existing cryptocurrency, tend to lack real innovation and development. They're just copies and nothing unique. Which is why, most altcoins which fit into such criteria, tend to become abandoned by their devs over time, making them useless for the mainstream world.
Nonetheless, a lot of altcoins might die in the end, leaving us with only a few prominent altcoins such as Ethereum, Litecoin, Monero, and Cardano. Just my opinion
