Yes, altcoins are dead, people who bought with debt and leverage at the peak of 2017/2018 bull market are most probably dead. But the smart money and whales are never dead. Ever.
Nothing is different between crypto and stock market. In fact, penny stocks have a lot of similarities with Crypto and Altcoins.
So, if you want to play the game, you better understand how the game are being played.
If not, just go back to work and climb the corporate ladder, you don't have any business in trading and investing in financial markets.
Look at this theta fuel tokens, 10x in 2 days. This is how the market works.
Deal with it.
P/S: I am only a messenger, if you dislike me, fuck off.