No, we can't stop the formation of new Altcoins and we ought not in any case fret over it. the such instruments occur naturally in venture area. The new Altcoins which have a poor thought or an undertaking behind it will consequently vanish when no financial specialist will bolster it. So it relies upon the financial specialists that they ought to be cautious and watchful about putting resources into any new Altcoin. In any case, yes there must be some direction that atleast absolutely shitcoins which are unmistakable to be shitcoins however are publicized as excessively awesome and achieve delicate top by such advert must be halted as they don't have any utility truly.