Crypto currency market is slowly becoming like hyip market. Where lots of scammers are trying to earn money somehow. I hope people will soon understand that not all ICO holds the potential like ETH. However, at this point, the plague doesn't seem to end and it is increasing day by day.
The presence of thousands of crypto currency is actually ruining the market and the investments are getting divided into many smaller parts. If we had fewer currencies then most of their values would have been tripled by now. Lots of crypto currency is not good for this crypto economy.