These are just movements that are part of the market cycles. Many altcoins will definitely go to zero because there are too many out there with little followthrough of adoption after their initial ICOs. Some will not survive do to regulations, others to poor money management; the fact is that many will fail and that is what is being priced in these days. However, after this capitulation ends, we should then see a jump in quality assets that perform accordingly and achieve launches and adoption of their projects.