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
It's just the change in listing rules of coinmarketcap. Previously they used to list only those coins that are being traded in two mid or large sized exchange but now any coins could be listed there and they even do paid listings even before a coins goes on it's presale. The number of crypto project too are surely increasing everyday as more people and business are moving towards it and with larger options, it's getting easier to issue and use a token.
I do not know that why they changed their this rule because I also know that before there rule was also a minimum limit of trade volume below that volume they not allow any listing of a coin. I think that either because of the competition or they do it as a business first to earn profit.