So many alt coins launching daily?

[Osaid1]

The new ALT coins are coming on the daily basis. How will it affect the future of cryptocurrency?

[oludare1]

One of our beliefs in my place is that when something is too much, the value of such thing can be degraded. With the influx of altcoins on a daily basis, the fear is that there are a lot of them which might not really mean business. Within some days or week, they vanish from the market.

[alex-nn]

90% of new alt coins are shitcoins which will never be popular and will have small marketcap. My main task is to find new gems in this new coins and to invest them