There are still new coins in the market being launched and we have seen how profitable it is if you are one of its early investors, but that was 2014 to 2017, today the scenario is very much different.
A new study comes out that Bitcoin dominance has reached 90% and this could only mean that new and existing altcoins are going to die or will be gone in the market sooner or later.
Are you still looking for a new coin or coins in the ICO/IEO stage if Bitcoin dominance has already reached 90%
When bitcoin dominance was at 90%, I think this is the right time to buy altcoin which is in the top 50. Bitcoin dominance that is too high will complicate the cryptocurrency market itself because new investors will be few coming, the reason is the bitcoin price is too high. If the dominance of bitcoin is 90%, in my opinion a new project in IEO or ICO will not be profitable as an investment and altcoin that is in the top 100 is more profitable