This prices will defo kill many shitcoins, only the strong ones will persevere and we get them at sale prices!!
Not only shitcoins weak coins are also dying. But also think about the newly created ICOs. Some are frozen others do not reach the soft cap. Who reach the soft cap are traded 100 times cheaper in the exchange (although this is the project's own decision). It is not the end of the shitcoins as a matter of fact new ones will be created in the future.