We have many copycats on the market and useless projects, but competition is good and it is a free market.
Not all the coins will survive the bear market. Market will valuate only the projects with good ideas and active
development.
Market will eliminating bad project and i think its true that many copycats project. Number of coin in coinmarketcap more than 2000 and its creating competition to attract more investor. I am believe coin or token survive depend on the project and developers team, if the project always develop, the price of coin or token will be profitable