Yes there are way too many altcoins on the market. bring on regulation I say. The altcoin market is just too diluted and it seems everyone these days is a quick dumper at exchange. you get to the point where there is little choice but to do the same or risk a below ico price...or waiting 12 months for some rebound / beta / mainnet etc to arrive and maybe boost the price.
Maybe he's talking about the altcoin forum and putting effort into the chat ( because there's a lot of unreadable low value posting)