I don't think so. Of course there are so many crap-coins right there but in my opinion NEM will beat most of them when its finally developed and released. I can imagine no one else has such a big community standing behind.
Maybe NEM need some time in the beginning to get well known but this is all coins inherent.
There is no doubt NEM will be special, its just that the crapcoin stain might get smeared on NEM too, some people want to call NEM NEMCoin, I too thought it was the right thing to call it but the more shitcoin I see the more the ending word "COIN" seems more like a negative.
Personally I don't mind there being so many coins. Let the people have some fun
What does bother me is that a lot of those coins that bringt no actual innovation or value over their ancestors have higher prices than say NXT or XRP.
I'm very confident that NEM can be a real big player if we manage to get our message out and people are willing to understand.
If people don't want to learn you can't force them. There are just many people that will call any coin shitty just because.
I think mining plays a big part in the allure of cryptocurrency, I remember being excited like a little boy when I first started mining litecoin with my tiny rig haha.
NXT and Ripple both being premined does not have that same attraction even though they are clearly innovative. Only after people become fed-up of the heat and noise and constant monitoring of the rigs do they realize POS is valuable.