Hi,
I was browsing about 50 pages here
https://www.blockchain.com/prices?page=50 then I gave up and googled it...there are more than 2000 cryptocurrencies!
Why?
The fiat tends to reduce thanks to EUR, what's the purpose of so many cryptos?
thanks
Because Dev's wants to have their own crypto and be the best on their field.
Every crypto have their own function and purpose so every developers wants to create the best and overcome the one's that is already there.