Quote from: TinaK on December 16, 2019, 06:53:47 PM

Quote from: Duzter on October 23, 2019, 06:00:52 PM

Days back the available number of cryptocurrencies reached 3000+ while the trading pairs have gone above 20750, and today it has got increased to 3025. If the same continues we can expect the number of cryptocurrencies available in the market to be above 3500+

Is this a healthy thing for the growth of cryptocurrency network or is it degrading the value of the system as large number of cryptocurrencies are available with zero trading volume and without any product backing.

When it started we are seeing many coins has been visited on coinmarketcap is not available in the market now because every users want the good coins which can grow in the future purposes.
That aspect thing only we are seeing massive downtrend on altcoins since the market does not performing well.

We do use this site for investment references as many people checking around to see the progress of their supported projects. A lots of coins are no longer performing as the competitions make it tougher from time to time. There' a lots of new creations which are also unsure with the fate that they'll going to achieved while trying to survive with this industry. CMC will keep bringing those coins and give some hints if the project are doing well or not.