Both sides make sense to me, there are a lot of shitcoins being dumped into the market nowadays, so, either that can continue and we'll see more altcoins.
Or, on the other hand, people might start prioritizing quality over quantity and limit their investments into the coins that are actually good and have some potential.
What do you think?
I think there will be less coin because of the regulation of each country where the ico is located but that will increase the quality of the icos in the future because they don't want to mess with regulator and they have to increase their quality to attract smart investor. Investors won't invest blindly because they have seen too much shit ico and will choose more wisely.