I don't believe it's anywhere near over. I don't believe much of the Coinmarketcap top 100 should be worth more than a few magic beans.
Litecoin managed an eventual drop of 98% from its 2013 ATH and that's one of the few solid projects out there. Most of the other coins from that bubble are now footnotes in history.
People calling the all clear are tripping their tits off. I think we're either relaxing and wobbling before the larger bubble ignites later in the year, or we're treading water before the proper plunge.
Either way I don't think these price levels are going to sustain.
This is exactly my thoughts every time someone tries to sell me some alt they've been supporting. Great tech! The most amazing supporters and community! The most progressive developers! Sure, all those things have value, but does that value really translate well into price? At the end of the day, they can batter me for my choice in chiefly being invested into Bitcoin, but I'm a generic user with little time to spend with the amazing community and even less use for incredible technology. I want to keep using crypto for my needs, and apart from Bitcoin, I perhaps have some avenues for LTC, Monero and even ETH - but none of these have exclusive access for my needs that BTC already has anyway.
People are definitely tripping and they'll still insist even if this market continues in its slide.
