What sence in this? This is just a 100% miserable copy of DeepOnion coin. And even we can see what happened with DeepOnion price.
Have you seen BTC price lately? So to say alts are going down and say it's because product is bad and doesn't have anything to do with market price collapsing, makes your statement solid as BCC.
So many cryptocurrencies have lost 70%-90% from ATH - it's called bear market, only the smart ones (who sold at ATH) and the strong ones (who can hodl in pain) survive.

Exactly and many lost even more than 90%. It's pain to hodl atm, but sell something at this market situation would be terribly stupid.