its not 1600 coins now. its 8800 now according to coingecko.
I hardly advise against this kind of gambling. You have bigger chances at the casino. In casiono its like 49:51 (win loss) here it is 1:9999 and reward is not worth the risk.
Yes it is not possible to detect all of that one by one. seems like right know its not about people looking for a good project. but a project that must be able to reach potential customers. with big promotions can be a plus point. but this can also hinder for good projects without big capital to exist in market.