Now more than 2000 crypto currencies on coinmarketcap

[YuginKadoya]

I really think we can all agree that other Shitcoins back then when it starts has a good value in its first day and when bounty hunters got their hands on them they already selling them that is why I think they had done their part in making the market of cryptocurrency worthwhile 
lets make an assumption that they were first to introduce with a promising atmosphere that many investors thought it will be a good thing and will make a big leap in this market industry, Well I think even though it seems like they don't have any value at all they had been a great help for some bounty hunters in their first run,

[Sandus_Cryptolover]

Within the last few hours, coinmarketcap have reach a new mile stone, coinmarketcap now keeps tracks of more than 2000 different crypto currencies, around 10 new coins was added just today.  Coinmarketcap now have 2003 crypto currencies.
Acceding to coinmarketcap historical snapshot there where 1055 coins around this date just a year ago. And 637 coins around this date two years ago.
https://coinmarketcap.com/

This is just to show all investors and institutions that Cryprocurrency isn't going no where and it's here to stay. Even though not all digital assets displayed on CMC got genuine use case but it goes to show how the knowledge of the blockchain technology is spreading.

[solarion]

Not all of those who are in the CMC are good coins, so coinmarketcap should have removed them too, I hope that those who will run for a year or so will have the chance to just stay  and be in the coinmarketcap, but still good thing we have CMC to check the coinmarketcap of each coins.

Coinmarketcap lists the coins according to the coons growth and circulation increased. If we see the growth on the good coins you mah go with investing in the cryptos.
When the coins looking to have the name on cmc. You need to go with the promotion and all factors side growth.

[pawel7777]

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Well, we have many altcoins that are just scam

Scam or not, the one you linked looks pretty dead to me. Zero volume and not a single exchange accepting it. Such a short life it was... That just shows that CMC could really do with some proper cleaning and remove couple of hundreds of the bottom ones. They're just taking up space and slowing the site down.

[evichi]

While it is interesting for the crypto currency industry to witness such number of crypto currencies, I view it as proliferation to some extent because some of the coins have no problem to solve and are of little or no value. It ends up being a wasted effort to own such crypto currency. I am of the opinion that the number of coins that enter the market should be regulated so that it doesn't become a child's play. However, with the decentralized nature of the crypto industry, it is basically going to be the survival of the fittest. At this trend, who knows the number of coins that will be listed in the next two to three years? What could be their values? We hope not to see coins that are worthless ($0.000001)?

[KingScorpio]

Some of those coins are just shitcoins. CMC should remove those inactive cryptos so that newcomers won't be confused and won't create unnecessary blunder specially when investing into altcoins. If only we just focus on few cryptos I guess there will be less FUD and more adoption. Some of those shitcoins created doubts to new players in the crypto market because most of them are just launched for the devs to profit.

thats true,

many of those coins dont even have a working website,

and some that have a website spread coinminer viruses to their visitors.

pretty pathetic for such a widely used index

but indexation of crypto is decentralising quickly

[mensahkkofie]

Absolutely interesting for the world of crypto, am sure such news would boost investor confidence in the world of crypto.  Each and everyday, many more projects are coming up with great ideas to improve the world of crypto. The increasing number of coins is just an affirmation of how far the world of crypto has come.

[Vod]

How sad seeing so many people trying to get rich off others ignorance and gullibility. 

[Willitivity]

This goes a long way to show how much of an advancement in the crypto world. Every now and then, so may projects are popping up, offering one thing or the other. But on a very truthful nite, most of these coins are just worthless, in years to come, most of them won't be around again.

[JennetCK]

Within the last few hours, coinmarketcap have reach a new mile stone, coinmarketcap now keeps tracks of more than 2000 different crypto currencies, around 10 new coins was added just today.  Coinmarketcap now have 2003 crypto currencies.
Acceding to coinmarketcap historical snapshot there where 1055 coins around this date just a year ago. And 637 coins around this date two years ago.
https://coinmarketcap.com/

There can be more coins but not listed in coinmarketcap.com. Some coins, which do not reached the market cap is not listed in there. Most of them are projects that did not work and others are just shitcoins. Some are also in the market already but not in the coinmarketcap.com.

[irsykes]

Not all of those who are in the CMC are good coins, so coinmarketcap should have removed them too, I hope that those who will run for a year or so will have the chance to just stay  and be in the coinmarketcap, but still good thing we have CMC to check the coinmarketcap of each coins.

Good thing, coinmarketcap must like some exchanger, when coins or tokens already die, they need to delisted from it so people not jump into their again. There are some coins or tokens that already have no value out there.

[ofelia25]

This goes a long way to show how much of an advancement in the crypto world. Every now and then, so may projects are popping up, offering one thing or the other. But on a very truthful nite, most of these coins are just worthless, in years to come, most of them won't be around again.

Yes and it just an indication that we really have a strong crypto market now despite of everything, but some of them should be remove if they are already unstable for so many months as they are not also worth to invest at.

[aryaadikariyansyahsuwarto]

every day it will continue to grow, but it must be remembered, it means that the competition of each coin is getting tighter, the coins must still attract the investors, because if it is not like that, it is not impossible they will disappear (because they do not sell).

[countryfree]

Obviously, this is good for BTC. To a newcomer who discovers more than 2,000 cryptocurrencies, he won't know what they are, so he'll most likely stick to the first one.

It's also crazy. There are now nearly ten times more cryptocurrencies than there are countries on the planet. It makes no sense.

[9jaflick]

The rate of which ICO projects was launched this year were much compared to previous years, and much companies are coming.
Coinmarket is indeed doing a great job.

[KingScorpio]

Obviously, this is good for BTC. To a newcomer who discovers more than 2,000 cryptocurrencies, he won't know what they are, so he'll most likely stick to the first one.

It's also crazy. There are now nearly ten times more cryptocurrencies than there are countries on the planet. It makes no sense.

until the indexation system gets decentralised.

[sunsilk]

Some of those coins are just shitcoins.

Not some of those but most of the coins there.

CMC should remove those inactive cryptos so that newcomers won't be confused and won't create unnecessary blunder specially when investing into altcoins.

Yeah they have to.

I searched for bitconnect and its still there despite of being delisted to all exchanges and exposed as a scam, it's still listed there. They need to filter their list for the sake of newcomers since they are the most visited crypto price tracker.

[Myown55]

It is true that there are several altcoins on the market. Some are doing well and other are just there for the sake of existence. One must be very careful when selecting which altcoins to invest in because it may not pay off. BITCOIN IS THE ULTIMATE.

[erickkyut]

It only mean something, mass adaption is near! Expect more upcoming new coins in the market. Many companies are now starting to make their own blockchain and we can also expect price pump if the good news about crypto will continue.

[Kez1817]

   It is just the proof that cryptocurrency are spreading and increasing very fast. But not all coins in CMC are good most of them are also worthless as time goes by but of course being listed in cmc is very important because it is onother way that a coin will be known and gain trust from the people. But we all saw that even how many coins listed in cmc always bitcoin is the king over them.