The answer is capital NO. YES,BIG NOOOO. As long as the market is willing to accommodate everyone, we will always get new tokens in the market. bounties will keep on sprawling out from everywhere. back and forth.
Also, as exchange platforms keeps delisting old and garbage products from the market. new ones are likely to emerge and replace them.
just in, bittrex delisted over 40 coins from U.S market.
It's a cycle that never ends and keeps on coming, some of them are just duplicate content of an existing project with enhancement and investors keeps on looking for the next big thing in the market, as long as there are investors who are willing to take a risk there will be developers that will create projects some of which are recycled projects.