As all we can see the market isn't going anywhere but down.But there are a lot of projects and ICOs appearing everyday but not helping the market at all.
Any opinions on this topic?
Typical of how the market will respond to these projects is obvious already. Many of them will struggle to reach softcap and will get frustrated and leave the space. The reason they're not helping the space is because of intent. Many of them launch to defraud the crypto community, some have no real use case, some are copied ideas with a different name.