why a lot of coins on the market?

[mikesmat]

 A lot of coins have come into existence in recent years. It is our aim, as members of the cryptocurrency world, to develop the crypto market but is the existence of. Lot of coins necessary for development of the market?

[jet]

With a thousand altcoins in the marketplace creates diversion and division of investment portfolio. Some project may not be succeed in their endeavour to join the known coins in the blockchain. Many coins shut down their project because they cant attract investors to their project further, a project which has same logic are mostly the ones that always fall into space.

[Nestle]

I disagree if a lot of coins are on the market. Too many coins die and don't develop. I only see coins that are a topic in every year like EOS and cardano.

[ZionRTZ]

There are a lot of coins now because of the massive success of Bitcoin. Unfortunately, many coins are just crap and technically dead. Many more will die but there will always be new coins that will replace them. Hopefully those new projects will be more useful.

[Cryptoz]

Most coins on the markets come from the ICO. in 2018, there are huge improvement of the ICo productions that imply on the numbers of the coins or tokens on the market. We can see some are promising and some are difficult to develop. But, we must be more careful and smarter in selecting the right profitable one.

[WWoF]

Because world is too big and in the world we have too many different sections. All of these coins related with one section like finding jobs or medical purposes or economical things etc etc.
and because of that i think that is normal . also with that way we can divide our money to different coins and we can create good porfolio.  but surely i believe coinmarketcap need to delete some of these scam coins or coins which have dont any development for months.

[elrozaqo]

A lot of coins have come into existence in recent years. It is our aim, as members of the cryptocurrency world, to develop the crypto market but is the existence of. Lot of coins necessary for development of the market?

I think It is good thing. Alot of coins in the market, We will have many choice to invest. good coin will survive and give more profits.

[Shanacute14]

Thats because of cryptocurrency becomes being popular. There are a lot of coins, it is an opportunity  to have a profit and to find a good project.

[Pupus]

many new coins that appear on the market are caused by the many ico that appear too. with so many new ico, certainly we have to choose the good ico in order that we can get the satisfactory results.

[akitha]

We cannot stop people developing ideas under crypto currency.. And with the bitcoin success, people now thinks that one day their project will success as well..Adoption is the key to success in this crypto world

[Jaguar]

You are right that there are a lot of altcoins and it is necessary to know what are the potential and the shitcoin. Actually, there are altcoins intentionally created to scam which is not good to be involved with. Taking care for your safetiness and security is necessary.

[napster]

With basic terms, there are tons of different problems to be solved. If you consider some of the coins/tokens are hitting the same problem, there should be a lot more coins in the market.

[Abusadeeq6]

Due to the success of bitcoin, many project start their own journey to solve many problems of different sectors in technology. Sot that everyone can believe in Crypto in the future

[vegasus]

Because the Crypto world party wants to make Crypto as the world currency by using lots of coins that are varied and can be traded. On the other hand, it makes users not bored with that coin and can move coins to other coins.

[spark]

A lot of coins can help us to gain more profit from the cryptocurrency, and we have many options to buy the coins. We can use that coin for short-term investment or a long-term investment, or we can buy and sell for daily trading. I think it will good if we can use that coins to search a profit because we have a big chance to earn more bitcoin.