Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary
what makes you afraid of the many new altcoins being launched?? I think the opposite of you, if you are feeling scared then I am happy with the presence of the many new altcoins that are constantly being launched. because I think this is a good sign that more and more people are interested in developing altcoins. and Cryptocurrencies will be more alive and continue to be in demand by the public.
I have sentiments like you, but in the other part, we need to consider that scammers are also around,
Yes, it's true that with more new projects there are new people or investors to join, people that will learn things
about this industry.
The market is needed to workout appropriately, and with many new created assets, there's opportunity that open widely.