This is an obvious fact that you need to accept it. Too many projects have been opened and it is probably too frustrating to know the price. Altcoins are unlikely to be viable in the market. Most projects are for personal gain and turn themselves into a trashcoin in the market.
The many projects have a similar purpose, they want to take the money from the investors. Their intention is not to make a unique solution for real-world problems, they want as much as possible money. That is why they fail to deliver the product and their lying advertisements don't make crypto investors convinced.
most of them take innovation from existing projects, if existing projects have a lot of trust they may be difficult to develop because they do not get much trust. innovation is difficult to make, it takes a long time for experts in the field to find an innovation that is useful and can also compete in the market