This prices will defo kill many shitcoins, only the strong ones will persevere and we get them at sale prices!!
Yes, this crypto bloodbath is like a purging the system and weeding out those shitcoins who has no value to offer in the crypto sphere. We have seen some of them dying or being de-listed on some top exchanges. Others just die a natural death because the devs suddenly disappear.
Yes, its somewhat scary but I guess this bear market has really teach us some good lessons and those coins who are standing either needed lots of developments to stay in the market otherwise they will be gone as well or continue to pump-and-dump, but its not going to be sustainable in the long run.