The question is why do some people generalize all Altcoins as bad? considering there are over 3000 of them out there. One would not have the time to go through each project one by one. to analyze the project. team etc everything behind each crypto project.
There has to be some project out there under good intentions. Not all projects could be a scam. I admit I only have a top 4 i consider when it comes to best coins. But yet many should be decent at least honest projects out there. Afterall we do need more projects. more quality projects out there in order for crypto to succeed.
your thoughts
It is not required to create more crypto for it to become successful, having those legit coins out there is enough to say that crypto was booming. The problem is that there are a lot of projects created that doesn't give a real value that is why a lot of them fails. Also, if it has no supporters or there are no people patronizing it, it will probably fail because it lacks on the adoption. Maybe if the coin or alts are good enough and it generates a lot of users it will surely become successful.