Not a ton, though. Page 200+ of cmc is full of absolute shit coins, even page 1 is filled with non sense coins that have less than 1m in volume and are literal copies of other coins or straight up forks. Like litecoin, which is a very famous alt coin but it's really nothing, it's just a copy of bitcoin, it really offers nothing else. Most coins are still pretty garbage, give it a few more years before real companies jump in.
While I agree on most of your points, don't forget that most of the top coins, started near the bottom of the list.
Actually, the best opportunities (highest return) may be among those at the bottom of the list...but yeah, you need to learn how to carefully navigate and avoid the countless "shit" down there.
Yeah but we were talking about utility not how much money you can make with shit coins. In the bull run, everything had high returns, you don't have to be a genius to make money in a bull market, sure shit coins had big spikes but look where they are now, virtually dead. If you are talking purely about trading and speculation, you can surely use any coin but for a real long term investment, only a few coins will be worth it and I'm talking about 15-20, max right now.
I think you missed my point. Even the best coin will start near the bottom. It may be cheap still but is gold or diamond...not shit.
And I think you missed mine, the only reason all these coins grew so much was due to the bull run and dumb money that was coming in last year. Yes, it's true that any coin will start at the bottom but figuring out which one will truly succeed is extremely hard, most people here think they have everything figured it out because they did some ''research'' aka reading a bit about their team and some reddit posts. It's not that easy.
