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.
Not really. Each coin is created with its own purpose and function. They are not completely worthless. But the sad fact is that many new coins have a very low value compared to its ICO prices. Causing heavy losses to investors...
Majority are created without any purpose and thus if you prick up last year total coins created and how many still exists on the exchanges or does have value, will give you all the idea as why the coins or created is it for the purpose of just owners to make some money or for the investors as well who in long run can make money from their.