New Coins are still getting created on a Daily basis and one ICO chases the other. We got thousands of tokens out there already which we could invest in, while most of them will probably blow up big one day...
If you ask me only a handful of projects will remain in the end as all those scams and shitcoins will be sorted out through the market itself one day. It will probably start in 2018 already but take a longer time until this process comes to an end. There´s just too much fomo on many useless coins to see them all go down in a short time frame.
What´s Your Opinion?
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We basically need a massive crash in the whole market to weed out all the trash and keep just a handful of legit quality coins. People are just throwing money at any coin right now because the whole market goes up anyways. Once we have a major crash (think 70%+) people will become more critical before spending money on coins.
Started following you just now, seems fun to chit-chat!
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