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 existence of new coins certainly has an influence on other coins, in addition to the increasingly fierce competition between coins with their respective advantages, I think that continues to strive to develop what they bring into cryptocurrency that will last a long time and of course many investors will choose to invest into the coin. So, I think the more intense competition between coins, the more choices there are for investors to choose.