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There are 1624 currently active cryptocurrencies and more than 100 cryptocurrencies exchanges working right now in 2018.With so many cryptocurrencies in the market Without regulations I feel there should be some body to legalize only a few , since its not like the more the merrier! It just increases risks of any Fraud.Small companies often are at a risk of shutting down with so tough competition.The reason why the percentage of market Bitcoins dominates isn't exactly because they got less investors now , it's just because with so many currencies around the globe it's getting saturated and distributed .Only some of them would be successful like 10-20 but with this tough competition it's risking people's investments and both these small small exchanges.I strongly believe that a regulatory body should tackle this and then make a decision.I think is negative in it's own way.Share your opinions below , do you think it's positive ?
Therefore, the world of crypto is becoming more and more popular.