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
You are criticizing a very valid subject. The total number of cryptocurrencies on Coinmarketcap has approached 20k. Do we need so many projects? Absolutely not. 90% of the cryptocurrencies on the list will go down in history as unsuccessful attempts; Investors will be disappointed. As someone who believes in the free market; I am also worried.