Currently on the coinmarketcap site only about 1590 projects compared to at times more than 1700 projects. They have left many projects without developers or scam projects. I personally invested in some of these projects and lost a lot of money like bitconect and centra. Do you trust the projects you are investing in and will keep them for a long time until they succeed or are they just looking for profit in the short term?
according to the latest news I have heard, 70% of all projects do not have even $100 daily volume, that is pretty insane.
Even with such a market, the prices for getting listed on exchanges are pretty high. That's why many projects are listed on the small noname exchanges, where is a high risk to trade it and lose all of it. Especially, after what happened to EtherDelta, it may happen to kind of any exchange.
Many small/medium projects are still very active though, but trading volumes are terrible.