I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing. The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!
the more altcoins created, the better in the world of cryptocurrencies. because the number of altcoins means cryptocurncy is growing and in demand by many people. so that the competition between platforms is getting stronger and will always give the best to each asset owner. And in every competition, there are winners and losers.