Why are there so many coins?

[trackermoney]

In order to provide many choices for users in the Crypto World. Especially beginners who have little money to play in trading or investing in this crypto world. So there will also be great benefits for users if there are many choices of coins they see and are not bored with the coins that are just that. Additionally, many people develop the technology and crypto offers the more advanced technology for coins and tokens in many more fields.

[Zaydo♟]

For me, it because of bitcoin. Bitcoin proves a lot of things and bitcoin changing lives of holders. I believe that some of currency holders are millionaires/billionaires now because of bitcoin so that's why there are so many alternative coins wanted to be like bitcoin. that's my opinion! 

[Ambu]

People needs new technologies so They use technology in various projects therefore they are developing new Coins. Hereby technologies are spreading in many places but this is the reason many projects to failure .

[CrypMania]

Every invention is geared towards meeting human needs and that's all cryptocurrencies and blockchain technology is about. Despite these facts, many of these cryptocurrencies have no real products backing them and this make them almost useless to some point.

[hoodie]

Because it can be done by anyone with a great desire and desire to earn

[Legends]

so many new coins it caused by the many new ico that also appeared. therefore we must be careful in choosing an ico to get the coins that have a high price on the market.