The fall of the market will clear the cryptocurrency industry of numerous projects that are not needed and have no practical use.
Yes, but the purge of the useless cryptocurrency industry will only be temporary because when the market starts to rise again, there will always be a useless cryptocurrency industry that is born blindly.
So many stock exchange listed company doesn't has proper industry but offering a huge volume. We can't do nothing about it. Only we can avoid those projects or can take bullrun opportunities from those projects. So many scam projects will launch in a couple of months but we should invest in old projects except we are a expert.