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?
In the crypto market, no one prevents the development of a shitcoin and it will automatically be eliminated from the crypto market when it does not have the required capitalization. Our market always has adjustments and shitcoins will die very quickly.