Do you think the crypto market is saturated? If not, why? Your input will be greatly appreciated.

We see more and more new cryptocurrency each day because they are making money out of it. But we don't need to worry that the cryptoworld might be saturated because there are more and more coins popping out from time to time because most of them will most likely to lose value in a short period of time, crypto world despite having thousands of coins only few hundreds of thousands have their own real uses and purpose. I see crypto market as survival of the fittest coin each weak coins will die soon.