In just 11 years of cryptocurrencies existence we've seen a series of shitcoins coming up, making a choice on which coin to hold aside $BTC & $ETH $BET $DOT $ADA & LINK is becoming difficult, how best can I get to know more viable projects like the ones I already have? When will the proliferation of shitcoins in crypto space stop? Who will check mate the proliferation of shitcoins?
The truth is that as long as the cryptocurrency industry remains decentralized, we would always have shitcoin and scam projects would certainly emerge. The mantle is on us to be careful when making an investment in any altcoin so as to avoid investing in shit projects. To be on the safe side, invest in popular cryptocurrency like bitcoin and ethereum. Avoid new projects and watch carefully before joining projects you don't know much about.