Many altcoins have plummeted to price levels unseen since the COVID-era bear market, marking one of the most challenging periods for alternative tokens in recent memory. The severity of this downturn draws stark comparisons to the pandemic-driven market collapse, with assets that once carried significant hype now trading at or near their pandemic-era lows. This dramatic pullback raises critical questions about which projects can survive the current market conditions and which may face existential threats during this extended bear phase.