With new introduction of new coin on daily basis,what would likely be effect of this on the future of cryptocurrency market?I need opinion of expert on this
Not that much. More of them are being added everyday but did the market has ever benefited on it? no. Those developers are only making much with the coin that they keep on creating.
The cycle has been done many times if ever their existing project didn't make much.
If ever they made much with their project they will never stop being acquianted with other projects because they already know on how the market works.