it has lots of new coins and is worthless because now many new projects don't want to develop more coins because it is only for profit. so be careful to choose new coins if you don't want money
Not all of them are worthless but you can see through use icodrop as the main source about how the new coins are getting a new hype even a platform can reach its hardcap just in 10 seconds. that can be considered as the proof about the condition of crypto space right now especially for the new coin.