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 other crypto value cant be move by new altcoin, but bitcoin can move it. back to the point, altcoin price depend on user demand. usually for new coin, they will have good in a start, bad in rest. but not all coin like this. how great team can pull it price, i know the old coin but still exist until now. they have excellent work