The world of digital currencies is growing exponentially, with new altcoins being created all the time. While some may be novelty coins with little genuine value, others may have unique features that make them more useful or desirable than traditional fiat currencies.
It’s important to remember that not all altcoins are created equal. Some may be more stable and have greater potential for growth than others. It’s also important to be aware of the risks associated with investing in altcoins – some may be unstable and have low liquidity, meaning they’re difficult to trade.
That said, there are a number of reasons why people may choose to invest in
Differentiation in the market is always good. Competition always improves quality. So we can say that the more cryptocurrencies, the quality gets better.
However, we must remember that cryptocurrencies are not only coins, but also tokens, which in my opinion will replace company shares on classic exchanges such as Wall Street in the future.