We can gauge what kind of market we are in right now from the fact that the prices of fundamental coins like BTC, ETH, BNB, and SOL have dropped significantly, while tokens like Fart coin are making so much profit.

When BTC starts to push the market up, then such tokens will be snatched away from people's wallets, right?

Not necessarily.

I have been in the market since November 2016, and many of the top-performing crypto projects from that time no longer even exist.

If you see the projects today and if you survive here for 4 years, you will find that more than half of them won't even be visible to you.

Currently, there are 13.24 million crypto tokens in the market, check the data on CMC.