I understand this problem but the more projects the better the crypto market will be.  That will create diversity and also motivate many projects to become more complete. Here are the reasons why new projects will have a good impact on the Crypto market:
+ When there is competition, existing projects must strive to perfect and develop their platforms.  So evolution and disruption will be in the Crypto market.
+ Helping the Crypto market to be more diversified, with more projects other than technology to attract investors from outside.
Therefore, rejection and selection will continuously take place, it will help the Crypto market to be raised to new heights instead of being labeled as a manipulative market.