I agree with you and this is also the main thing I look for when looking for a project and most of the time I wonder why certain people create projects with very high supplies even though they know that the project they are creating does not have any great use? now altcoins are created out of nothing (without any long-term project) and they use an argument that sometimes makes me think that it is time for governments to severely punish those who create shitty coins because they harm people.
on this list there are only altcoins that are worth less than $1 and maybe they will never reach more than $5 and what makes me sad and that there are still hundreds of people who are investing in these altcoins thinking that one day they will have a price of $100 Is they they'll be rich, i've heard this a lot on youtube
It was just their dream, and in addition they were fomo to have more people invest in those projects. I've also seen a lot of bullshit projects cost very low, but they also dream that the price will go up to $ 5-10 and they profit thousands of times compared to their investment amount, stay away from project types like that