I think it is more than just weak hands; I think the market is not able to recover because it is exchausted. I think it needs time for it to recover again; so project should be self sustainable now.
Now, during this long bear market, it will be really important that projects be economical with their funds. Only the best projects with a convincing idea and a strong team will survive this bear market.
Agree, This is really now a survival of the fittest plus it's on bear market now. Those project that have a low and not good idea will going to be leave behind by those project who have a great way of showing their ideas.
Yeah! Its certainly happens in every marketplaces nowadays. Only those projects gets investment who has the best Marketing team rather then the development!
I'm happy to see cova getting enough attention toward the best ever Development !