Hello, dear readers! It’s Rundelya here, your favorite OnlyFans model and sexologist, and a mini investor in cryptocurrency as a hobby. Today, I want to discuss an important topic concerning the cryptocurrency market: the overpopulation of cryptocurrencies and its impact on altcoins.
Recently, popular crypto analyst Ash Crypto stated that the primary reason cryptocurrencies are not experiencing rapid growth is the increasing number of crypto projects that continue to emerge in the market.
My links: https://linktr.ee/rundalya
Historical Context
From 2013 to 2014, there were only about 500 digital assets. By 2017–2018, that number had increased to 3,000. Today, there are over 36.4 million coins on the market, and it is expected that this number will reach 100 million in the near future. This colossal growth creates overpopulation and competition among cryptocurrencies.
The Problem of Overpopulation
As the number of crypto projects increases, it becomes increasingly difficult for any single project to stand out among competitors. Many new projects do not offer anything innovative or unique, leading investors to become more cautious. Leading exchanges, as noted by Ash Crypto, are primarily interested in listing meme coins, where retail capital flows in hopes of quick profits. This creates additional pressure on altcoins that struggle to attract investor attention.
My Investments
Despite the current market situation, I continue to believe in the potential of certain cryptocurrencies. I have invested in Catizen (CATI) and zkLink (ZKL), which are currently at a low point. I recommend keeping an eye on them, as their growth is inevitable. I also suggest considering HMSTR (Hamster Kombat) — this coin has a strong chance of a successful recovery.
Write to me: https://linktr.ee/rundalya
Conclusion
The overpopulation of the cryptocurrency market is a serious issue that affects the growth of altcoins. However, as investors, we must remain vigilant and seek opportunities amid this chaos. Some projects may turn out to be true gems that can yield significant profits in the future.
If you have any questions or want to discuss cryptocurrencies, feel free to reach out! Let’s support each other in this exciting world of investments. 💖
Contact me: https://linktr.ee/rundalya
