A lot of speculation has been made regarding that altcoins are dead we have seen fewer initial coin offering this year ~snip~
Anyway, what altcoins do you mean here, are they new altcoins or top altcoins? I think it should be clearer firstly. For new altcoins, I think they become fewer this year because investors seem not really interested to invest in new altcoins. Many investors prefer to buy top altcoins that can be safer to be their assets. I think it makes sense, during a lot of scams and failed projects, they must be more selective.
You are correct! Most of the time, we prefer to buy top altcoins than new altcoins. We are already done with scamming us. In fact, many new altcoins are experiencing a vast dumped during last partial bull-run season. We have to be clever in picking altcoins and buying top of them are good choice.