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.
competition will definitely occur between the new altcoin or the old altcoin, but to be able to influence price movements with each other depends on the number of investors in each of the related coins so that it can affect the trading volume in it.