As much as possible, many are avoiding those coins that are out of the top spots. It's just for precautionary measure and it's very essential for everyone to do that because of the mistakes in the past. It's strongly adviced that before investing, research about the project you want to invest.
So my base question would be; Are people even researching nowadays out of the top 50 list?
I think there are still people who do that, they probably are not on this forum and some are here.