New Coins are still getting created on a Daily basis and one ICO chases the other. We got thousands of tokens out there already which we could invest in, while most of them will probably blow up big one day...
If you ask me only a handful of projects will remain in the end as all those scams and shitcoins will be sorted out through the market itself one day. It will probably start in 2018 already but take a longer time until this process comes to an end. There´s just too much fomo on many useless coins to see them all go down in a short time frame.
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