Not sure what is happening right now. I also doubt crypto is going to go away. Remember, this is not just tokens and currency but rather a whole different technology. Blockchain is not going away. What is going to happen is perhaps Bitcoin gets its true bottom; ICO investors finally start reading white papers thoroughly before jumping on a bandwagon; and all the currency without any value will dissipate quicker.
I think this is just normal market correction. Perhaps its a good time to hold on to coins with true value and dump the ones that don't.
Just my 2 cents. Not an advice, of course.