But the next bull will be quite different from that and it will be based on real life usage and adoption so any project or altcoin that doesn't offer real usage or solve a problem will beat the dust.
Actually you must remember that not a single cryptocurrency has widespread adoption yet - not even Bitcoin. Because crypto still has a steep learning curve to use. Far more easier to use credit cards and fiat for currencies and centralized services are still much easier to use.
So, the next bull run will still be fueled by hype and speculation.