2019 had been not so good for altcoins as this year has given us number scam projects and as a result, some of the genuine projects have been failed wherein people just pretended any projects with ICO as a scam. I think 2020 will bring new hopes and some good project in the market by considering 2019 as a learning area.
I dont think the project would have a chance to grow. I am also a bounty hunters and I understand how difficult this job is now. Now there are projects with good ideas but they are not funded because there have been too many fraud projects before. It seems that investors are getting smarter and more careful, they are putting their money to buy mining coins and hold it. This makes the old alts segment to grow strongly such as Zcoin, Zcash, Dash, NEO, ICX. And for new projects, no matter how good the IEO is, it may not attract investors. By 2020 we will see many investors become traders and the market will only be bustling for top coins. With such a crowd mentality, I think the new projects will not have a chance when the legality is too vague.