markets get diluted badly from aprox 1,000 shit coins = good coins get ignored.
Agree 100% For example
CapitalCoin CPTL0% PreMine
First to implement Moore's Law for PoW/PoS.
CapitalCoin unlike Bitcoin, uses a variable block reward (with a maximum of 1000 CPTL per block). The algorithm utilizes Moore's law which accurately predicts the growth of computational power. The creation of new coins (block reward) decreases on a scale related to the computational effort used, with a halving every 16x the network difficulty. The more miners, the lower the block reward. If there are less miners the block reward will increase.
That is better that any X11-to-1000 algorithm as it does not care how much hash you throw at it, it's just going to give you a lower payout making it non beneficial for multipool and mining farms. Which is one of the reason why those pump and dumpers are ignoring this coin.
Yet not that many people know about it, why because since it's an honest coin without the budget of the scam coin that just get everyone rally up and pump the market while they dump the coins and run to launch their next scam coin.