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I think's there are a lot of scam coins, scammers, pump and dump groups and what not in the crypto world. Most people don’t have enough expertise or technical knowledge to figure out what’s good and what’s not. So there is a huge learning curve for everyone. I believe people have already started moving away from crypto pumps and are trying to find genuine tech backed alts, once the volume of that increase we will moon.
Hope that scammers get out of the market, after that a good bounce
Be careful with scamcoins! Premine, instamine, concealed dispatch – those coins were made in "get rich fast" plan so as to profit just by their makers and little gathering engaged with instamine or premine.