Lol i've been saying the same thing for so long but no 'm crazy, 2017 shot crypto into the limelight and while speculatiev investors saw it as a get rich quick scheme so did many companies. Both parties hade their hands burned and thats the natural order of things, same with any gold rush thats been before!
I think this purge will go on for some time, we need to see a lot more consolidation, if i look at coin market cap there are quite a few projects listed not worth their listing or ticker symbol lol