Post
Topic
Board Altcoin Discussion
Re: What's the point of so many cryptocurrencies?
by
LastKiss
on 10/03/2021, 09:31:52 UTC
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

A lot altcoins created every week in this crypto space, because every cryptos have their own unique function for example their utilities (trading fees, gambling, and investment) most of them. Not only their utilities were unique but their products for every cryptos gave many different benefit to each user.