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
It can happen if new projects will really provide proofs that they are partnering with big businesses that will take care of the system, giving assurance that investors will benefits after showing supports to the project, old coins though needs also to make a move not to be left behind and continuously compete with newer projects, only time will tell if we will be able to see this things to happen around.