Would you say its more than even say 50 max? There are over 2k cryptos. Most are worth nothing. But how many are actually worth something?
I think the top 100 coins in CMC are valuable coins. the coin that the platform operates is a valuable coin, the rest is only shit. and never expect a coin that does not have a trading volume to have value, because it is in vain.
Not all valuable coins are in the cmc top 100, and not all top 100 coins in cmc are valuable, or will be for long. some will longer be there soon, just because coin is on cmc top 100 list doesn't mean it's worth putting money on.
CMC requires minimum 100k$ total turnover for listing cryptocurrencies. Low cap coins always have low circulation before getting shilled by twitter heros in order to pump them.