The poor (on the left) always talk about "eating the rich", well... the rich are doing a pretty good job of eating all of us, worldwide. I do hope there is some positive change in this in the near future, because this is the kind of thing that revolutions spring from.
Unfortunately, ALTs keep falling against BTC, which itself is at best just moving sideways. I think all these memecoins just killed any hope for ALTs, honestly. With most ALTs it was always 50/50 if it was real or if there would be a rug, but memecoins are 99.99% scam, and that is seriously making people sour on all ALTs. As they say, a bad apple spoils the barrel. We can't rule anything out, but things don't look good for them right now.