Depends on which coins. Asset-backed coins like USDC and USDT (lol) do carry counterparty risk which can cause them to become valueless. Some would say the latt

Depends on which coins. Asset-backed coins like USDC and USDT (lol) do carry counterparty risk which can cause them to become valueless. Some would say the latter already is. And since of course the majority of crypto is priced in USDT not USD, that becoming valueless due to counterparts risk will likely nuke prices across the board. Still almost $70B of funny money floating around the ecosystem.