Is there a hopeless project? Some projects make huge advertisements. Sometimes I believe they're going into space. Bitcoin has been on the market for 10 years and is there a project that will surpass it? Don't just look at price performance. See also technology.
Yes there are many of them a hopeless project in the market right now. Even they make a good advertisement it will never add anything in the project unless the project have unique use and can be use by many people in different countries like what is in BTC.