Too much of new crypto projects?

[Wildwest]

Why be afraid this is indeed a sign that the crypto world is growing and it is natural that new projects are always present, but there is a bad side also if not careful in following new projects because not all will go well, some of them just want to take the opportunity to deceive investors, then in this case we also have to know who has the right to create a new project because it is free to use in the crypto world,but the correction must be there by a certain party.

[Godwinpaul]

I personally don't see a big deal with the records of new projects being listed on coin market cap daily. If we're to consider the number of offline businesses that are registered daily, it would not be close to the figures that we have in the coin market cap. In fact, it's a welcome development for us today know that more people are gaining understanding of the industry and willing to follow through with their resources.

[magneto]

I completely agree.

99% of the crypto projects that currently exist or are currently coming out are going to go absolutely nowhere.

But when there is free money to be made, there will be people trying to take advantage of the situation. And that is what's happening right now.

Memecoins and P2E are two fields I think where there should be a lot less projects around, but the low cost of founding your own project these days mean that everyone wants to do it.

[pamsugas]

there is nothing to be afraid of the emergence of new projects in crypto it is a natural thing because in crypto there is no prohibition for it because crypto is free so we better try to find out which projects have the potential for us to benefit.

[Thesabutay]

There are not many new projects. Each new project brings new opportunities.
I know a lot about new NFT projects. One of the really cool ones is Niftables. Hope you know about them. The potential is huge!

[mirakal]

There are not many new projects. Each new project brings new opportunities.

That is defending on the projects you are investing in, if it's a scam or a team does not have long-term goal, then most likely it will just fail and will only take the money of the dumb investors. Whatever the trend or the hype in the crypto space, we should not invest right away, we have to do a DYOR before risking our money as in general the market is still considered as a high risk.

[Rasa nanas]

why don't you also observe how many projects are removed from the cmc list each week ? surely you've found a project listed on cmc and in the end the project was removed from the cmc list because it no longer meets the requirements. so this problem is not as scary as you might think due to the fact that many projects are also removed from the cmc list.Not a few projects listed on CMC will end up being dead coins because they have no trading price and volume.

[manok jepang]

I think the emergence of a new project is a very positive thing, because it can open up opportunities to be able to reap the benefits of the project, but we must choose carefully when determining which project we will choose, because new projects have big risks, need to be done  research to choose the project we want to run, currently the popular projects are NFT and Metaverse, if you want to try a new project then these two projects are good to recommend.

[Marykeller]

Coinmarketcap doesn't list coins that easy on their website. It takes time before someone's coin can be listed there. All the newly listed coins you see on their site daily might have sent their request for months before they got listed due to the number of projects that needs their attention.
It's alarming that Coinmarketcap and Coingeko don't scrutinize projects very well before listing them. They only go with the information of the project given to them that's all.
Coins listed on Coinmarketcap and Coingeko doesn't guarantee the legitimacy of a project, some can be shitty. don't go looking into them one after the other

[so98nn]

That’s obvious considering the way everything is simple in the crypto universe to create and publish. Now that everyone understand the potential of crypto and it’s returns over the time every body is very keen to have more and more projects in the market prices lower initially and thus make their chance to millionaires dream.

Considering above fact, there are now companies or group of technical personnel who offer free lancers project development. Thus person like you and me can easily hire them and make new crypto projects.

That’s why it’s very easy and we keep seeing new projects at such high throughput.

[Marvell1]

I think the emergence of a new project is a very positive thing, because it can open up opportunities to be able to reap the benefits of the project, but we must choose carefully when determining which project we will choose, because new projects have big risks, need to be done  research to choose the project we want to run, currently the popular projects are NFT and Metaverse, if you want to try a new project then these two projects are good to recommend.

That's right, that is a good thing. It shows a great level of interest in crypto, the more projects we have the better our chances of success. Besides that it also creates a lot of limitations and risks. Currently, the projects are mass generated and not controlled by any legal authority. This makes it difficult for us to find, research and find hidden gems. Especially newbies who do not have much experience in the market, it is easy to lose money if they choose the wrong project.

[Hobo66]

Its common these days just because everyone can make and launch projects which can give the individual profit. Some projects are short that end up in few weeks so the new projects arises because cryptocurrency has gain the curiosity of individuals. This is not a shocking news about the launching of new project as everyone  can introduce project according to their desire.

[Semar Mesem]

The easier and cheaper it is to make tokens or coins makes anyone tempted to make crypto, this is what makes the current number of cryptocurrencies around 18k officially on the market, but I'm sure of the 18k only 10% are active with a transaction volume of more than $100k per day .

[shawon01]

I agree that the cryptocurrency market has become very overloaded with new projects when only a fraction of them have real potential.  This type of project provides the opportunity to serve people while being able to read here

[cafee_orange]

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

no need to worry about the many new projects that have sprung up. hopefully you don't get stuck with new projects, do a smart analysis before joining in, either to invest or become a participant in the campaign of these projects

[Rimueng]

I think the more new crypto projects and new coins are popping up is actually good because it indicates that the crypto world has experienced more rapid growth. Although there are more and more crypto projects, most of them don't last long because they don't have strong fundamentals. Therefore, if we want to trade on new coins, we must know and pay attention to various things in order to avoid losses.

[armanhusni]

Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary

The good news about new projects is many are making money off them and the sad thing about new projects are more rug pulls and scams  which is why it's good to learn before investing money on new crypto projects, you limit your risk if you know how to do good research

[GowithMi_GMAT]

yes no wonder if there are a lot of new projects popping up, I also can't imagine how it always happens? new projects seem like "hype coins" meanwhile we also know that CMC is the main source for knowing cryptoqurrency listings. I think we already have a more than adequate list of coins in my opinion. or at least we already have bitcoin and top altcoins.

[ardydyon]

The development of the crypto world is extraordinary, almost every day new projects appear with their coins.
This is actually a wonderful and very good thing, because many people have seen that crypto projects are starting to grow. with the emergence of many new projects this will lead to competition between coins which of course they will compete
to make their project better and develop according to what they are targeting.
but we from the crypto user side for investment must be more selective in choosing projects to invest in, because there are likely to be many scam projects.

[Rocky993]

There are so many projects coming up now that it is very difficult to choose the right ones.  Because some of these projects are scamming and some of them are doing well but the price of some of them is very high in the market.  All these projects will drown any investor.