Post
Topic
Board Speculation
Re: does the increasing number of altcoins have a negative impact on the price btc
by
peter0425
on 19/02/2023, 02:40:45 UTC
I'm still a beginner in crypto, as we know from time to time the number of altcoins is increasing, but I want to ask,
will the increasing number of altcoins affect the price of bitcoin,?

but in my opinion it will not affect the price of bitcoin, even though the number of altcoins is increasing.
if you will stay longer here? then you will understand what is this question and what is the answer , thousands of altcoin had been created and many are still in circulation but that does not bring a huge impact in bitcoin.
actually the increasing number of altcoins helps bitcoin to grow more support as it only shows how trust worthy this coin compared to altcoins.