I got that feeling also sometimes, specially when the market is correcting but look, what you say could be possible if there were not entering fresh FIAT in the market.
Actually we need more "nerds" and smart IT guys to differentiate good projects from bad projects.
There are many coins being pumped by those demi-gods (i.e. mcafee ) that suddenly died after 1 or 2 months of erratic life.
The ability to combine TA with the understanding of the involved technology of every project will be definitive for the majority of those coins.
Personally, I have the opinion that those superfriggin' rich people are just trying to identify the next king of the coins as well as we are, while maintaining alive BITCOIN till the next king will be fully ready.