Everything looked promising in march and any sort of shitcoin was geting pumped a hundred percent. What we have seen since then is a realisation that that there is no content behind most of them.

I think that we will see a massive shake up and lose a lot of these coins in the next couple of years but hopefully the balance to that will be the good coins with use and function will get stronger. The coins like STEEM should stabilize and make large gains in the long term as they have a long term future.