To have any real value cryptocurrency must be useful for people and be necessary for people for a long time. That is why it is necessary to evaluate what useful things cryptocurrency gives for people and how long this things will be useful for people.
Most of the cryptocurrency out there have no use-case for real world people and they just have bunch of bad tokenomics with little value on it, some of those altcoins are failed overtime and it should be taken into an account that even they offer you the "real-world project" it doesn't mean they will do it once the sale is over. They can either run away with that money or just it takes so long to actually make it into reality.
Also bear market isn't over yet and it may continue until early 2023 because of so many bad events happen around cryptocurrency.