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.. ).
Still, open we don't know what's going to happen, I believe it's still on who among this new and old altcoins can deliver, I don't believe on prediction, we must treat every coin differently to get the most profit, I don't like to generalize.
Even we like generalizing everything inside this market our assumptions might not go accordingly, there's a lots of factors that will affect the market growth but it's mostly depends on how the team will work and how the supporters will going to take the move, investing and holding the coin till it will go high and bounce up to another level.