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What is mega sad about ALTS is that it will most likely never recover.
Not because there are no good projects, but because people will always focus on what's new.
This is, unfortunately, the truth.
It's human nature, and it's completely normal for this to happen.
If X sees that project Y has grown a lot, his main goal is to find the next Z project that will grow the same way project Y did.
Very few ALTS have managed to rise from the pit in the past, and I don't think this will change.