I think that no one will crush the cryptocurrency market. This is another dump and that's it. Sooner or later the market will change the trend. The bad thing is that many projects will extend the fees
An unplanned pause never brings good to new projects. But in this case they can not do anything, since they can not affect the market.
In my opinion, a pause is a respite before something significant. Yes, the projects will have to extend the originally planned deadlines, but everything is fixable.
It is harder for projects to show themselves when the market falls. In any case, the team should not stop work at all, on the contrary, active work will confirm readiness for difficulties.