the more altcoins that appear, the tougher the competition will be on CMC, this has a good impact because for us it is an opportunity to get big profits from increases due to trends in certain altcoins. it's not easy to choose a new project until it develops into the top 20 in CMC.
Ranks can be changed in bull market too and in bull market, new altcoin projects will be created more and they more easily cause hypes as well as attract big capital into their projects. Those altcoin marketcaps in bull market will be very inaccurate compare to their intrinsic values.Don't buy altcoins because they are top altcoins
Links of screenshots are broken because of aggressive policy of imgur for Bitcointalk proxy but you can click on links to check history directly on Coinmarketcap.
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however, the more new altcoins develop, the more opportunities there are to discover them. therefore we must be good at analyzing so that we can correctly analyze some future altcoins
I hope that less people will be exposed to new altcoins because most of new altcoin projects will die after a few months.Dead Coins: How Many Cryptocurrencies have Failed?
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