The market has realized most of these coins are worth nothing and some promoters have no intention of developing the ecosystem
They've already get what they need and that is enough for them. I think in order to make this market even better. Let us just kick out those coins that do not really contribute the market capitalization of cryptocurrency. As my principles quote: In order to sort things out, throw away the unnecessary, they just accumulate space.
That's the importance of knowing the formation of the developers, we know that many of the ICO will stop developing and operate when they have got what they want (crowd fundind). I want you to know that not all altcoins are shit, Ethereum is a form of successfull altcoin. and of course there will be lots of other Etheruum that will come and skyrocket