I agree with Claseen that 90% of altcoins are going to fail. That's just the fact at the moment. A lot of alts are hyped up for no apparent reason and just because investors want another way of putting away their money and speculating on something.

The $40k prediction probably won't come true, however.

Prices are going up, but the market's definitely not as bullish compared to last year. The maximum we're going to see is most likely in the $20k-30k region, and that's going to be very optimistic from even a long term bull.