If I remember correctly, majority of the cryptos survived the winter back in 2018. Also this price point was a available for a very short period of time before it started recovering afterwards. If some cryptocurrency didn't survive the winter, that means there is community support available for that cryptocurrency. So it's all good. Some people might have lost money due to this but it didn't do much damage in the crypto market for sure.

We obviously don't need thousands of cryptos in the market. So if some cryptos die during such period, that's good for the market.