There are so many new projects, but it seems to me that for the most part all new projects are just copies of old projects. You understand that a very large number of projects have already been proposed, so it seems to me that there are really many projects already forgotten.
Now the trend is to make coins and there are already more than 2200 recorded, but I'm sure only around 200 or about 10% can survive for various reasons such as capital strength.
Mostly. Unless they're hyped new coins like btt. But who knows? Some of these new coins may one day pick up pace and break the top in cmc. Not all these new coins are without use and scams. Different coins have different uses that they offer and maybe one day a large company like microsoft of amazon would adopt them. We'll never know since they're just starting out.