not only altcoin but all kind of coin is falling,even memecoin has falling too, hype cannot fight with market condition and only can fly when market is going bullish.
now when market is turn to red, memecoin/hype project will be get the biggest effect from this market.
yes, we have to accept the current conditions, the market turned red and the majority of the coins fell. could there still be some benefit in the current state of affairs, could people still have money saved up using this situation to buy, and expect the market to go back up. but for the people who were trapped, maybe they could just stand still and endure. It is also possible that they will sell their coins, because they are still afraid the market will fall even deeper.