why now many emerging new coin?

[xuan87]

there are so many altcoin that keep on coming out now, the reason is most of them want to try to beat or at least can be bitcoin sidekick, but the point is there are no user interested on the coin and once it is not famous the coin developer will abandon the coin and create a new coin, and some of them created the coin so it can be used to scammed investors

[nemgun]

The reason why there are so many new coins is that the best way to actually develop a project, is to release a project bound to a coin in order to get founds to pay for the development. Usually we call this a start-up and it calls for external funding using CFC or IPO to get the required funds, and then if they are able to realise the project then the company is bought by some big company, and then they continiue to develop further the project.
Now in the cryptocoin world, it differs, when you create a coin, you must organise the distribution of it, release some beta for the potencial investors to test the product, and then you list in an exchange with a premade ICO or PRE-ICO if you need funds to get listed or to host the project. And then, when they are listed, most of the coins get dumped because of the premine sale, this is normal because the developers must rise funds for the development, and here is the difference, either they leave the project wich turns to a scam, or, they continiue and then the price slowly rises again depending on their activity.

[aioc]

in one month can almost simultaneously launching two coin, what do you think with these symptoms?

Two coins in one month,I'm seeing one coin daily being launch,crypto currency right now is a very hot market to explore,those admin and devs are so attracted to huge profit that they incorporated their business to creating a new token or coin.

[nemgun]

in one month can almost simultaneously launching two coin, what do you think with these symptoms?

Two coins in one month,I'm seeing one coin daily being launch,crypto currency right now is a very hot market to explore,those admin and devs are so attracted to huge profit that they incorporated their business to creating a new token or coin.

You should filter them by at least two kind of coins :
1- Shit coin
2- Non shit-coin

A shit coin is made to be dumped in the exchanges, usually they just copy/past a premade announcement and then leave the project, they use to release a pool, a block explorer, and some other useless details for their new coin, and then, if an exchange accepts to list them, they simply dump it to 1sat.
a Non shit-coin, is a coin made with a project, you can't be sure about if it is a scam or not, but at least it is not a shit coin as there is a project behinde, even if it is a fake one, it may be takenover by some devs.

[AUDREY23]

in one month can almost simultaneously launching two coin, what do you think with these symptoms?

Two coins in one month,I'm seeing one coin daily being launch,crypto currency right now is a very hot market to explore,those admin and devs are so attracted to huge profit that they incorporated their business to creating a new token or coin.

You should filter them by at least two kind of coins :
1- Shit coin
2- Non shit-coin

A shit coin is made to be dumped in the exchanges, usually they just copy/past a premade announcement and then leave the project, they use to release a pool, a block explorer, and some other useless details for their new coin, and then, if an exchange accepts to list them, they simply dump it to 1sat.
a Non shit-coin, is a coin made with a project, you can't be sure about if it is a scam or not, but at least it is not a shit coin as there is a project behinde, even if it is a fake one, it may be takenover by some devs.

so they make a new coin just to take advantage solely for their future memi9kirkan no longer want to be what it once ico ended coin, the only advantage of the investor, they are looking for
but I'm sure not going to like it emua coin there must be seriousness in launching a new coin

[nemgun]

in one month can almost simultaneously launching two coin, what do you think with these symptoms?

Two coins in one month,I'm seeing one coin daily being launch,crypto currency right now is a very hot market to explore,those admin and devs are so attracted to huge profit that they incorporated their business to creating a new token or coin.

You should filter them by at least two kind of coins :
1- Shit coin
2- Non shit-coin

A shit coin is made to be dumped in the exchanges, usually they just copy/past a premade announcement and then leave the project, they use to release a pool, a block explorer, and some other useless details for their new coin, and then, if an exchange accepts to list them, they simply dump it to 1sat.
a Non shit-coin, is a coin made with a project, you can't be sure about if it is a scam or not, but at least it is not a shit coin as there is a project behinde, even if it is a fake one, it may be takenover by some devs.

so they make a new coin just to take advantage solely for their future memi9kirkan no longer want to be what it once ico ended coin, the only advantage of the investor, they are looking for
but I'm sure not going to like it emua coin there must be seriousness in launching a new coin

Let me tell why there is a lack in seriousness when it comes to a coin release, it is mainly because the "investors" want to get in and sell back at the highest price as soon as the coin is listed, it is because of the ICO bonus, it can be computed easily : buy at 1000 sat with 30% bonus, lets say you invest 100k sat, so you get 130 coins, ones it is listed you sell at 100k sat each, you get 16900000 sat, this is why there are so much scam.

[Ayers]

in one month can almost simultaneously launching two coin, what do you think with these symptoms?

Two coins in one month,I'm seeing one coin daily being launch,crypto currency right now is a very hot market to explore,those admin and devs are so attracted to huge profit that they incorporated their business to creating a new token or coin.

You should filter them by at least two kind of coins :
1- Shit coin
2- Non shit-coin

A shit coin is made to be dumped in the exchanges, usually they just copy/past a premade announcement and then leave the project, they use to release a pool, a block explorer, and some other useless details for their new coin, and then, if an exchange accepts to list them, they simply dump it to 1sat.
a Non shit-coin, is a coin made with a project, you can't be sure about if it is a scam or not, but at least it is not a shit coin as there is a project behinde, even if it is a fake one, it may be takenover by some devs.

so they make a new coin just to take advantage solely for their future memi9kirkan no longer want to be what it once ico ended coin, the only advantage of the investor, they are looking for
but I'm sure not going to like it emua coin there must be seriousness in launching a new coin

they constantly make new coin just to scam people some dev have a team that pump the ico so you buy in their pump and then they dump and you remain a bagholder, just look at every icon, the price it's not greater than the initial offering

[judeafante]

in one month can almost simultaneously launching two coin, what do you think with these symptoms?

I cannot keep up the number if take it by weeks,almost one coin is being launch daily,i don't know if this is good or bad for crypto currency but I'm surprise that many investors keeps investing on every ICO that's been launch ,

[andron8383]

in one month can almost simultaneously launching two coin, what do you think with these symptoms?

Becouse ICO brngs EASY as fuck money and SCAMs.
People don't research they just want now best buy/sell opportunity.
That will end with massive lose in many of those ICOs,
Only best will win but dont worry this is capitalism fish at end eat all small

[digaran]

Because it's profitable.. that's why.
unfortunatelly, people invest money in any sh*tcoin being launched.

one example
https://coinmarketcap.com/currencies/e-dinar-coin/

one of the worse coins i've ever seen, still in top20 coins...

Profitable? are you joking? a few individuals try to scam and steal people's money is not what we call profit.
You think being in marketcap top 20 list means anything?
Bitcoin for example has 12B marketcap but it doesn't necessarily mean that every single bitcoin can be sold to even reach 12B.
I doubt that even top 5 coins could be considered a thing except the king of course.

[Pursuer]

Because it's profitable.. that's why.
unfortunatelly, people invest money in any sh*tcoin being launched.

one example
https://coinmarketcap.com/currencies/e-dinar-coin/

one of the worse coins i've ever seen, still in top20 coins...

Profitable? are you joking? a few individuals try to scam and steal people's money is not what we call profit.
You think being in marketcap top 20 list means anything?
Bitcoin for example has 12B marketcap but it doesn't necessarily mean that every single bitcoin can be sold to even reach 12B.
I doubt that even top 5 coins could be considered a thing except the king of course.

it is all about pump and dumps and only those who get in early before the pump happens can make profit and those people are the minority, the rest are only losing money and sometimes lots of money when they are new to trading. all these market caps and other lists are for helping the pumps for those pumpers.

[Zadicar]

in one month can almost simultaneously launching two coin, what do you think with these symptoms?

Lots of shit coins are launching almost everyday just to scam bitcoin users and run away. It has been easy for same scam developer to launch new coin every next week/month and easily index them on exchanger paying small fee, dump his whole holding in first day of listing on exchanger.

Also there are lots of scam coins that used to run away with all ICO funds they collect.

This is the main reason and answer regarding on your question on why there are many lots of alts is being launched or pop out every time and that motive or plans is just for scamming people. Back on previous years on which launching a coin would really be hard and it takes time but in the point on where newly launched coins are being used to scam people thats why most scammers do repeat the same thing too.

[myparentsdisownedme]

Dont understand your question but ill try to answer

I think the main problem with all of this is that the coin market will be oversaturated

People wont know what pick

[thepo1m]

Everyone wans to take their own cut of the cake, most of these new coins are not interested in their own project but to collect your BTC. 90% of these coins have no need for existing.