Nowadays new coins or tokens can be easily made. The cost is very low. If a coin or tokens succeeds, a very substantial profit can be made. The CMC lists coins or tokens that have already been traded. I believe that there are many coins or tokens made every day. Everyone wants to make money by issuing tokens or coins. However, most of them will disappear with the development of the market. Ultimately, those that are valuable and invest heavily will remain.
I suggest we focus on old coin while the market has not fully recovered, there are still a lot of cheap old coins which has a potential, at least this coins are already in exchanges (big or small. New one will not gain attention in the market, unless they are hype like coins in Binance IEO.