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.. ).
everything can happen in the cryptocurency world ... because everything depends on market enthusiasts ... but I believe that there will be among Altcoin who are able to take over ... but that all takes time to reach it ... because in crypto there are very many rivals and many of the more popular altcoins and more enthusiasts ...