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Actually , no , there is not room for more coins anymore.The flow of money into cryptos is going down and it isn't matching the amount of coins issued every day. And people are starting to understand that , and this is where the hate comes from....
it's true that there are too many coins - and i'm sure we will see only a few coins left in the end - whenever that will be - 5 maybe 10 coins - all serving a different purpose in society..
until then it is up to ourselves to find out which ones will survive