there's an explosion of new coins with new "features"
Features don't make coins valuable.
The value of a currency is mostly dependent on the energetic output of the community. Look at Bitcoin for a prime example.
I'd counter that the value in a crypto network is it's blockchain security and orphan resistance. For proof of work, this equates to a high and consistent network hashrate that MUST be the top hashrate coin for that PoW algo. Aka: BTC, LTC are the real blockchains of value. Everything else is just an experiment that may or may not be rolled back into these real blockchains.