All alts price is down, but the question is !
will all of this new projects take the lead in the next bull run and leave behind good alts that have been in the market for several years ( for example STRAT , SYS , XEM etc.. ).
For me it was depends on the project we are all know that all coin that was hype for now sometimes lead to having no value, unlike in the old coin they still have a value in times of up and down and still they are fighting with their project and continue to develop what else they can add to became it successful.