Are alts perma dead?

Feels like the market has matured and institutional driven with exchanges, whales and KOL’s manipulating it almost daily

HODL is not working anymore! Only few alts like XRP & Sol have done well this cycle. Was planning on DCAing SUI, but again the FDV of SUI is way to high.

Old favourites like ADA, AVAX, TON, DOT & ATOM have no price action at all. Now I am starting to feel that having stable coins on DeFi protocols is the best way to make money in crypto with %APR and airdrops.

What are you thoughts?