There is too many chains and coins.
When i want to send money to someone i always end up paying with USDT tron chain when i pay my telegram signals memebrship fee always with USDT.
No matter how much USDC pushing it people tend to use USDT still and when i pay to my partners or exchange money they all use USDT tron.
Because of meme coins SOLANA is second chain i don't use btc at all first i have to ask what's the btc for ?
I don't use eth either it's grazy High fees and it's slow.
I would use xlm or xrp but anyone who I deal they use USDT tron.
We have so many blockchains and coins and they don't find use case tron has now number one utilty it's holding number one payment method on tron chain.
Ada dot matic and all the others and ltc....i even can't Understood why we need those ?
Crypto market has always been speculative. You can argue the market is a decentralized ponzi. No one controls it but we are not sure when the price would stop rising. There ought to be a price point after which people would no longer invest on that coin. The crash won't be immediate but that would happen.
With the rise on new coins everyday, there's a limit how much people are willing to invest in crypto. When they have enough, they would sell some to invest on others. That would make some coins die as newer one prosper. We are already looking at once popular coin die in real time like EOS and NEM.