Indeed, most of the projects have been postponed because of a situation like this due to Covid-19, all the planned projects have become messy and their meetings are becoming increasingly constrained.
So with their delayed development, this could also affect the price of tokens in the market.
Much as there is this COVID19 situation. Pundix started a decline way before this current situation. It was one of the projects i though would really be successful right behind the top 10 alts but it's really so sad seeing how to took a huge drop despite having a very successful ICO.