How do we all feel about new EVM chains like smartBCH?

As more and more cryptocurrencies appear, there seems to be a trend lately to skip recreating the wheel and just creating an EVM and porting over established projects to these new EVMs. The most recent being smartBCH.

Many of the original crypto currencies (Litecoin, Dogecoin etc) were code forks of Bitcoin. Is this more of the same trend?

Would you rather invest in a coin that seems to completely innovate and have a novel new approach from scratch or do you think it is better to use a battle tested system that has years of development behind it already?