The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.
The future of altcoins is depend on us, the altcoins will have a good future if we will patronize it. There are altcoins that are dying because of the low support from cryptocurrency community.
Altcoin community is unstable we all knew that but when we support the community i think it will rise up again just like year 2017. BTC is really good that time just like reach million but drop again to 400k. If we support altcoins and continue doing the way we used to before i guess altcoin will never die and the other coins will rise up.