Has anyone else ever thought the inflation of the amount of other crypto offerings has massively diluted btc's value? Coinbase used to offer just btc then it u

Has anyone else ever thought the inflation of the amount of other crypto offerings has massively diluted btc's value? Coinbase used to offer just btc then it upped to btc,ltc,and eth. Then it offered btc cash and now there's literally 20 or more cryptos available on coinbase. To the average 'normie' who uses coinbase they used to just pick btc and call it a day. But they have way too many options nowdays which probably scares them and also dilutes the value. It might just be coinbase and the crypto casuals who inflated the price.