The altcoin zone is almost becoming a dump site for shitcoin. With just anyone being able to come up with a token on any of the blockchain makes it easy to have shitcoins littered all over the place. But the question is; who is going to clean up the mess? Natural death or a regulation is going good to be imposed later?
Now there is a normal development of cryptocurrency. Since the cryptocurrency is decentralized and everyone has the ability to create coins or tokens, this process will be accompanied by the appearance of useless or simply fraudulent types of cryptocurrencies. This is absolutely normal and you should not worry about it. Over time, only promising and popular types of cryptocurrency will remain on the market, all the rest will be forgotten and will never appear on the market again.