Re: Too much of new crypto projects?

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 Wink

The most important that all these projects will be useful for people.
The cryptocurrency industry is actively developing and offers a lot of opportunities to people and it is necessary to use all these opportunities.

During the fall of the market, only the best and really useful for people projects will survive. Only time will show how the project is useful for people.

I also think the high number of released project should be a pointer to investment in this present market, if there will ever be a bull market in altcoins this year. Some coin have already gone and may go back to zero. We will see a lot of exit scam with many of the project and massive delist from exchanges as the trade volume decreases. Hype and VCs' interest should be a pointer for trade now