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.. ).
I think there is a chance that some altcoins will be superior to the old altcoin, but I am sure that it will take a long time because investors must see a lot of partnerships with large companies or future project development by the developer team