I think that in the near future it is necessary to wait until the whales return from rest and start pumping bitcoin again. Then there is a chance that the project will survive.
Do not be so pessimistic. Of course, of course, a lot depends, but just as much depends on the team itself, they need to punch the way for their token!
Without this, no way, the main thing is that the team was motivated people, ready for the most severe and painful twists of fate ...
I remember the first ICO in the world! Then the Etherium collected a lot of money, but the rate of bitcoin collapsed almost 2 times. The guys had the strength to survive and they continued to develop!