It certainly seems as if the hype has faded but there's still a ton of zombie coins and zombie projects just persisting at the same valuations with little to no (real, non-spoofed or washed) volume. Some of these altcoins barely even work. Seems like only a matter of time before a serious collapse happens and many exchanges and other entities are found to be swimming naked.
If I had any money in it I'd withdraw now, if possible.
I do have a tiny bit but it's not enough to care about, and I'm keeping my DOGE because DOGE.