I am also wondering. Despite the fact that there are too many currencies on the market, new currencies will still emerge. There seems to be few projects solid in that.
Simply because they want to follow the path of Bitcoin and other Altcoins that successfully collect huge amount of money to make their projects and business to become possible. Crpto currency is a trend now in which creating their own coin is now an opportunity that should never miss that their are lot of people are coming in to adapt this crypto investments.