Indeed, those are shitcoins and nothing else. Also, it's better to not address those shit as a defi project as they've nothing except auto LP mechanism and reward distribution. Though people who invested into shitcoins will start arguing that those things could be included into defi, but don't think so. But we can take advantage of those shits to make more profits by investing only those funds which we can afford to lose as most users are being into fomo for shitcoins.