Downfall of the Neon Youth is a collaborative studio album by shoegaze musicians Parannoul, Asian Glow, and . It was released on 22 October 2021 through Longinus Recordings.
Chris DeVille of Stereogum wrote that the collaborations "are about as sweeping and ambitious as DIY home recordings can be". A staff member of Sputnikmusic gave it a 3.9/5 review. David Renshaw of The Fader highlighted the song "Colors". Lizzie Manno of Paste included the album in a list of "Great Records You May Have Missed" in 2021.