It's true, that is what I've seen also. There is a ton of coins just being duplicated and people trying to make a quick buck. So sad for such a cool technology that could really help people out.
This is expected cause they just want to launch a project without even considering the redundancy of their platform. This is happening over few years ago when ethereum started their platform of smart contract and every next project that comes after that are all just a copy cat and duplicate coin. If you will check the context of their objective the sole purpose will be down to peer to peer goal where bitcoin already start it all. I cant wonder even non realistic use case is even introduced. I saw some that are not even necessary the use of blockchain but still there is a private sale. More like a private scam investment.