The number of altcoins increases every month, I see that there are currently quite a lot of ICO with tokens that have no functions and many altcoins that have no value, so as if they only made ICO for a moment's profit.
there is nothing wrong, thousands of small businesses appear and disappear every day and this does not change the Fiat market. also, participants of the crypto market will learn to distinguish which ICO have the opportunity to survive in the future and which are not in the initial stages, which will remove foam from the crypto market.