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.
in my opinion the price of Ethereum, XRP and some old altcoins will not be affected by the presence of new altcoins now. because I'm sure the old altcoin already has enthusiasts and loyal users in various markets for them to trade. although with the presence of the new altcoin is now a challenge for the old altcoin such as ethereum, xrp, xlm, ltc and others to continue to be able to survive in every market exchange.