95% of alts are junk

Because every role in the entire system that produces these garbage items, from the project party, fake users (who are just there to take advantage), to the exchanges, has only one purpose:

Find someone to take over for yourself.

So there are no altcoin bulls this round, it's really self-inflicted.

But this does not mean that alts have no hope.

On the contrary, if a project can have users and real application scenarios, it can easily attract market attention.