I always check coinmarketcap.com every day and all trending projects.
Among trading projects, there are a lot of dogs meme coins. They raise a lot because dogs meme was a trend of 2021.
But maybe in 2022 the trend will become a cats meme coins likes this https://twitter.com/angrykittytoken/status/1479171278171000833
Everybody like cats and they are more popular in internet then dogs
Now the competition between projects is very big but during the fall of the market many projects will not be able to survive and stop their work and development.
There are a lot of cryptocurrency projects because there is a big demand in them.
But during the fall of the market only the best and useful for people projects will survive.