yes maybe not everything is like that! everything needs a process, but the fact is like that.
sometimes I think, what's the use of them making their own cryptocurrency but when entering the market there is no further price development. after that it feels like dead!
I hope I don't misjudge.
The number of crypto currencies is indeed very large so most of them are indeed worthless. Crypto currency competition is so strict that each crypto currency must have the right strategy to gain public trust. New crypto currencies must be able to attract the hearts of the public by displaying tangible benefits so they can survive in the market. The coins that are in demand are coins that marry different characteristics from existing crypto currency coins.