Altcoins better to chose unitilty above hype.

[Dickiy]

It's a classic battle of substance vs momentum. Utility is the "why" a coin should exist hype is the "when" people notice it, right now, hype is winning the attention economy hands down but when the market turns, the utility coins with actual revenue and users are the ones that might not go to zero.

I'm n reality, the hype is the now, and utility for the future, what now make the difference for investors is they actions and approaches to both coins, and what their expectations are from them, for those that want the quick profits memecoins with the hype suits them most, and for those that want long term potential investment, going for utilities tokens is the most needed in that regard, nice input.

At least utility can sustain an existence in a market as bad as any coin or token that relies on hype alone without having the space to prove its worth in the eyes of investors and traders. But if a coin has utility as well as being able to play off the hype in the market, that would be great. Plus if they are open to new innovations that allow the community to keep the ecosystem alive, because that's how they can survive in the market.

[Juse14]

It's a classic battle of substance vs momentum. Utility is the "why" a coin should exist hype is the "when" people notice it, right now, hype is winning the attention economy hands down but when the market turns, the utility coins with actual revenue and users are the ones that might not go to zero.

I'm n reality, the hype is the now, and utility for the future, what now make the difference for investors is they actions and approaches to both coins, and what their expectations are from them, for those that want the quick profits memecoins with the hype suits them most, and for those that want long term potential investment, going for utilities tokens is the most needed in that regard, nice input.

At least utility can sustain an existence in a market as bad as any coin or token that relies on hype alone without having the space to prove its worth in the eyes of investors and traders. But if a coin has utility as well as being able to play off the hype in the market, that would be great. Plus if they are open to new innovations that allow the community to keep the ecosystem alive, because that's how they can survive in the market.

The great strength of altcoins lies in the hype of the narrative related to the project category, utility is just a picture for them, the value is not too big, we see together in all existing altcoins it is always like that, as long as there is still a hype that is utilized at that time the altcoin project will experience growth in enthusiasts but if there is no then like most altcoins that die in the market, new innovations sometimes support the project and sometimes also kill, but that's much better, in other words their developers are not silent when new technologies and narratives grow in the market.

[Balmain]

The hype surrounding utility tokens is relatively new, perhaps it's been like this for five years. Many of these coins are meme coins. They offer no benefit to the market their sole purpose is to drain the liquidity of altcoins. In my opinion, utility tokens are very good for long-term trust, some may not prefer this, and I respect that. Many utility tokens can also be rug-pulled. At least they are less risky than meme coins.

[NurseHub]

The hype cryptos are usually the memecoins and pump and dump cryptos that's why they get attention and most times what gives them validation is the fact that big traders will buy them in support for the team just to letter dump it on the small traders of investors giving it the validation that big guys are buying it too people should buy and when they buy the big guys sell leaving them in losses, for utilities,the grow slow and steady like AVAX, SOL etc.

[allthebitandbobs]

The great strength of altcoins lies in the hype of the narrative related to the project category, utility is just a picture for them, the value is not too big, we see together in all existing altcoins it is always like that, as long as there is still a hype that is utilized at that time the altcoin project will experience growth in enthusiasts but if there is no then like most altcoins that die in the market, new innovations sometimes support the project and sometimes also kill, but that's much better, in other words their developers are not silent when new technologies and narratives grow in the market.

Isn't that a huge shame? I mean if a coin depends on the hype around it  to be good then it is not a good coin at all. There were a shit ton of problems with SOL, freezing the chain, problems, hackings, and yet it still survived, even with all the bad marketing and problems.

Because it did what it promised to do, which was super high transaction amount wouldn't create a higher gas fee, so they have the highest and best TPS at the moment, and no matter how high the volume goes, the gas fee stays cheap. Don't you want something like that? If a project can stand on its own two feet then it is a good one, but if it requires some marketing and viral videos to make it stay relevant then it is a terrible one and shouldn't invest.

[Victorybit1]

The hype surrounding utility tokens is relatively new, perhaps it's been like this for five years. Many of these coins are meme coins. They offer no benefit to the market their sole purpose is to drain the liquidity of altcoins. In my opinion, utility tokens are very good for long-term trust, some may not prefer this, and I respect that. Many utility tokens can also be rug-pulled. At least they are less risky than meme coins.

Long term? I don't about you but anything altcoins that is long term is kind of scary for me because the possibility of everything going sideways is very big and I don't expect to see spend huge money on any coin that might possibly result no nothing or just dust and the case scenario is a perfect example of what am talking about. There are lots of crazy coins and hype out there that might get someone into financial problems if one isn't careful.

[Gaza13]

Utility - this is basic usage of the coin to perform one role or the other in real world.  e.g BNB etc.
Hypes:- this mostly happened in memecoins categories and a recent trends, this is just the dev team pushing the coin to investors face by way of aggressive social media promotions and hype's with zero user case or and working project to support their existence.

If you choose to invest in altcoins with hypes, then you should know that you are going to lose at the end. If you invest in them when there is hype, if the hype gradually goes down, then you should know that the coin which you invested in is also goin down, and at the end you going to hear that the coin is dead already, and you going to be losing your money, so investing in coin which have no use case, and are pumped base on hype is completely wrong.

If you invest in a coin with use case, you will know that even if the coin price drops, with time it’s going to bounce back, and you going to be in profit. Actually no altcoins are suppose to be trusted, but it’s better you invest in the one with use case if you want to invest in altcoins.

Again, we must look at the prospects they create, indeed almost all altcoins do not have prospects, technology, vision and a solid team, they only benefit themselves. I don't think it's entirely wrong to buy a coin that's currently trending, depending on the timing of your purchase and not hold it for the long term. If you're astute and skilled at reading the situation, you can also profit from this altcoin that's being discussed by many people. Most people are too greedy, wanting to gain much more than before, which leads them to become trapped by their own desires. Coins that have utility are more attractive to investors to enter and strengthen their ecosystem and invite more other participants, which can strengthen the coin. I think transparency is what makes the coin more attractive and trustworthy in building long-term trust. Without transparency, the coin can look like a Ponzi scheme or a scam.

[wiss19]

The hype surrounding utility tokens is relatively new, perhaps it's been like this for five years. Many of these coins are meme coins. They offer no benefit to the market their sole purpose is to drain the liquidity of altcoins. In my opinion, utility tokens are very good for long-term trust, some may not prefer this, and I respect that. Many utility tokens can also be rug-pulled. At least they are less risky than meme coins.

Hypes basically come if something is still new but a project with utility can also be independent because they know that they will still get a demand even without a hype. And if we notice, most hypes come from those shit and meme coins, as most of them don't have a utility. I only said 'most', since there are also meme coins with utility on them but they are not a new thing anymore. A couple of these came out during the time of PEPE and SHIBA.

Again, they had a hype since they are like a combo but they didn't click that much and then the hype died down eventually. If a utility token is able to get rugged, then it is only fake. A real one isn't like that. They are not immune to declines though, but there is a valid reason for it and there is still a chance for them to recover. 

[Odusko]

The hype surrounding utility tokens is relatively new, perhaps it's been like this for five years. Many of these coins are meme coins. They offer no benefit to the market their sole purpose is to drain the liquidity of altcoins. In my opinion, utility tokens are very good for long-term trust, some may not prefer this, and I respect that. Many utility tokens can also be rug-pulled. At least they are less risky than meme coins.

What has sustained the utility token hype and relevance in the market is the fact that the ecosystem supporting their usage is strong and growing. One thing I noticed about utility tokens is that they ensure their continued usage is guaranteed, no matter how minimal that may be.
The presence of utility tokens is going to remain as long as cryptocurrency service providers keep being relevant and needed in the cryptocurrency ecosystem.

[Curious T]

In my opinion, the only altcoins that actually have utility are stablecoins like USDT and USDC, and even that has its limitations. You must pay gas fees in the native coin of the network you are using. So if you don't have any Solana in your wallet, but have USDT, you can send your USDT to another person. This is a real-life problem.
Then there is also the issue of not being able to send it to another network. They're the same token, but simply because they are on separate networks, you can't send to each other.

The point is most of the altcoins out there are based on hype. They have no real utility value. Aside from stablecoins, altcoins that have utility are not more than ten.

[sana54210]

While utility is great, if the utility is not utilized then it makes no sense neither. I would say hype is the worst version there is no doubt about that and I agree with that, but there are some tokens and coins out there that I have seen which has "utility" that nobody wants, in which case it makes no sense to have any utility at all, like why would you really need utility for a project if nobody is going to use it.

They think it will be used a lot, but in the end nobody even cares so that ends up being a bad project too. So while I do suggest looking into a project, always gotta ask yourself "why would people use this?" and "will a lot of people want to use this?" and if the answers are yes, then you can buy it.

[Taskford]

While utility is great, if the utility is not utilized then it makes no sense neither. I would say hype is the worst version there is no doubt about that and I agree with that, but there are some tokens and coins out there that I have seen which has "utility" that nobody wants, in which case it makes no sense to have any utility at all, like why would you really need utility for a project if nobody is going to use it.

They think it will be used a lot, but in the end nobody even cares so that ends up being a bad project too. So while I do suggest looking into a project, always gotta ask yourself "why would people use this?" and "will a lot of people want to use this?" and if the answers are yes, then you can buy it.

But that is the least thing we could look to those projects compare if they do nothing, but somehow its terrible if the project have utility then still they didn't get good demand. Since that means the people working behind that project is not so good to boost the popularity of their coin or token.

That's why to avoid guessing if those projects will be good or not. Better choose those well established already with good utility, since there's good chances that those coin will pump especially if we have seen good upgrades made by the team and also their community adopt on those good changes this made.