The more new coins that are present in the crypto market, will certainly enliven the crypto world. My question is how do you look at the future of the altcoin, with fairly tight competition. Will it affect the price of old altcoins, such as Ethereum, XRP and others.
This is certainly right. Competition is increasing in the market. But there is a lot of demand for Altar coins in the market. But not all of those coins are suitable for trading. Some shit coins are destroying the market.