No matter how many good projects out there but if poorly regulated I don’t think investors will buy it like they bought tokens in 2017. Crypto investors are now more mature and they cannot afford to lose ton of money anymore, but I have no doubt that it will boom again once investors are satisfied with the regulations or model.
I think for now,investors choose to invest in Altcoin which is old and is currently in ATL. We all know that last year a lot of altcoins going down in deep price and when the alt session is nearing investors will prefer the best altcoin in coinmarketcap or maybe choose a DeFi project that is currently in high hype.