Indeed! at least 90% if coins are in a serious bear market. Bitcoin is even down just under 50% since it pre China confusion of December.

Especially considering the ballooning size of copy cat coins... Devcoin the first (and only? if not only, the top one) to design a coin not motivated chiefly by investment/spending value. It has a very different value system that all of the coins, bitcoin included, which is this emphasis on valuing open source creations. Creative action for the benefit of everyone measures much better IRL than by any metric like fiat currency. This coin will be useful even no matter its USD value.

Once the overall bear market reverses, Devcoin's unique flavor makes it stick even more as we we have 150+ coins nowadays.