Posts: 7,503 +6,320
To me, thousands of crapto currencies indicates an over-saturation of the market. Hmmm, what usually happens when a market is over-saturated? https://corporatefinanceinstitute.com/resources/knowledge/economics/market-saturation/That will never happen - there are always national holdouts (see: British Pound in EU)
And Cryptocurrencies will never consolidate either- they are all powered by by Open Source 5-year-old mindset: "Anything you can do I can do better"
Get used to ignoring the fact that there are thousands of Cryptocurrencies on various tacker by 2030, or your head may asplode!
It's all opinion where crapto is concerned at this point. Time will be the decider.