I believe we all know that at some point all this projects will fail as investors begin to lose interest in their service, the industry wasn't built on the reputation of those project so even though they leave the market the market will still be active as it was here before they came. Binance exchange been the biggest, even though it fails (which is evitable) that doesn't mean the industry failed because the market will still be active and running. The reputation of the industry is built on Bitcoin, without Bitcoin there will be no cryptocurency industry which is why it's recommended to invest in Bitcoin and ignore alternative currency or other services been offer that promise doubling your capital like staking and the rest. Build your foundation on Bitcoin and no matter what happens to the rest of the market, you won't be rekt.

The price of Bitcoin will only be affected by this misfortune and that's because a majority of them happens during the bear market and since there's already fear sentiment in the market people begin to panic and sell their Bitcoin which affects the price but only for a short while. The collapsing of project happening only add strength to the saying of buying only Bitcoin and forgetting about any other currency in the market and also it encourages the use of decentralized P2P exchanges.