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.
To me, I think with altcoins as eth and xrp, they would be fine with built up trust yet, people would still use it anyway because of advantages, but to the others, there are too much altcoinsre being born everyday, they can hardly survive such lots of pressure from others. With that, Ithink the one which have enough money that could succeed, otherwise, theres no chance.