With respect to the ranking of Credits to the overall market cap, there really are no big change.

CS/ETH is a bull flag

CS/BTC appears to be making a double bottom

The volume of Credits sellers also appears to be fading, so we'll likely see another pop here, shortly, based on the technicals alone.

The entire market is breaking down, and appears headed to last year's, November levels of about $5,672 for Bitcoin, which is when the speculators really poured into this market. I've heard that without these speculators, the fair market value of Bitcoin is about $7,000.

Ethereum hit a similar interim low in Sept. 15, of around $217.60, and I've heard many smart traders say they feel the fair value is around $300, again, without the speculators.

The question then becomes, what will be the fair market value of Credits, in comparison to both of these?  The average of the pre-ico and the ico is about 0.14, which is where we are now.  So I'd be a speculative buyer at these levels, regardless of anything you imagine may be going on in the broader market.

This is a temporary bear market in a new asset class. When will the speculators return in mass?  My guess is, when they stop talking about Bitcoin on CNBC's Fast Money, except maybe once a week.  Then you'll see the speculators take their positions again.  

The storm is only over, when the wreckage is obvious, the bodies are scattered about, and people decide it's time to rebuild. So far I haven't seen any bodies, a.k.a. well-known dead projects, have you?