It's really sad how worse many altcoins have performed since last altcoin season, I do hope it's going to make a come back, I have many altcoins currently sleeping in my portfolio hoping that altcoin season while return but the chances are very slim
The market is purifying altcoin, so there will be a lot of altcoins dying in the future. If there are sleeping altcoins in your portfolio, I believe it will most likely die forever
I really don't think it was purifying because in reality shitcoins won't have a way to rise but it sinks. Think a number of altcoins have dead already, this will tell something that many investors are losing their confidence with altcoins and diversifying their portfolio into stable coins or in the top coins in the CMC.
This thing happens when investors struggle big losses, especially for new projects. It serves them a lesson and gives them worries that putting their money with them will give them nothing in return but it is similar to their past experience.