Will prices snail moving forward?

The marketcap for crypto rose relatively slowly from 2013 until May 2017. Afterwards it went up very fast and then absolutely ape shit from November 2017 to now.

Most of the price growth was chalked up to hype and speculation rather than any technological advancement or people really using these cryptos.

It seems unlikely the hype will continue at the rate we saw from Nov-Dec; as we are already seeing with many coins being almost cut in half and seem to be settled here for now.

Is it not likely that from here on forward, technology and adoption will dictate the price increase more than just hysteria and hype? In turn, only the greatest coins will survive and rise while 90% of alt coins tank or stagnate?

Also, since virtually every good coin is overvalued right now, isn’t it likely that growth will significantly slow again (due to lack of hype/realistic expectations) on these coins even if they are ultimately successful, leading to much lesser returns than we hope? Amazon, a massively successful company in the dotcom era, for example, went from $100 to $1300 in 20 years; a 13x growth which pales in comparison to what we’ve seen so far in crypto.

Lastly, what are the chances that a lot of the promising coins now are just experiments for future companies and tech to take over and replace entirely, killing the hodl dream on these coins? Think of something like Altavista being replaced by Google for searches. Projects in crypto are also open source; a massively established company (facebook, microsoft, etc) could come in and copy paste an established coins tech/progress and then build on top of it. We’ve seen this exact thing happen in crypto with Monero copying and then destroying Bytecoin; so first mover status isn’t everything.

This type of thinking really makes me wish I had caught onto crypto prior to the massive hype of November-Dec, for the easiest and largest gains the industry might ever see.