Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary
I think that it's just the ease at which these projects can be created now that is catalyzing this increase.
It literally takes minutes for anyone to create a new ERC20 or BEP20 token on ETH/BSC and perhaps hours to create a marketing post/get it listed on Coinmarketcap.
I do think that new projects will stop as a result of the current market bleeding, or at least slow down, but that's probably one of the better things to come out of this bear market.