Now investors have a big choice of different projects because a lot of new projects appear every day.
But not all the projects are successful and will allow to earn money on investment.
Cryptocurrency investments continue to be very risky.
Bitcoin and Ethereum overvalued, that is why investors are looking for new and prospective projects to have maximum profit from invetments.
It is not overvalued. But it's true that investors are looking for new projects because they think that others can be successful too. It's no doubt that many are becoming like that and becomes valuable after their launch.
But to compare bitcoin to other projects, it's a bias comparison because bitcoin is big and is likely to reach higher price within the next years. While the others, we don't know if they'll even still exist by that time.