Why are you flaunting Shiba's success in Bitcoin related discussion?
From the beginning, retailers were for profits in btc and any other coins, you see. Their sole motive is to make money, and make it quick. What can Grayscale do to keep retailers stick to btc? It's retailers' money and they can move it in any coin they think of having a spike in its value and shib was one of them. You saw the rise but didn't consider the fall in it? While btc and eth are near their ath and both are stable. Majority of investors still prefer btc over any other coins because btc is a safe haven asset for them to store their value.
Yes they are stable but many retailers looking for action the movement.
The action risks and volatility can make us rich.
But stability will just hold the wealth what we all ready have.
But thats why the retail are here to get lambos its just natural for retailers if no movement why do you think a lot of retail traders investors have turned to panncakeswap..uniswap and other dex.
If you can get 5000% + gains its a lot of fun.
If we talk about utility and real use case then it would be USDT on tron solana and so....
the thing is many are disapointed about bitcoin we all wanted to get in early in btc but 10 - 20years ago we did not know or even expecting bitcoin to still stay alive until today.
Many people tought the btc will end up like a e-gold or liberty reserve.
The market is not fair and equal some people been told to invest cheaper price but nobody did not tell to me that.