I miss utility coins.

[zeuner]

But what exactly would that utility be nowadays? Platforms with some kind of smart contract API are already designed to build arbitrary utility on the top of them. This kills off many opportunities that existed before to add innovative utility features.

[ultrloa]

If you are talking about mining cryptocurrencies on your own device, the best options would be Ravencoin (RVN), Vertcoin (VTC), and Monero (XMR). However, since mining is no longer a hot topic, do not expect to find much interest in these coins; the current trend is memecoins and investments that bump within less than 24 hours.

I guess mining lost its spark, due to shrinking profitability, since big factors on that is the electricity cost goes up and that eats a lot in their operation. There are also other factor affects it and this is the reason many people shift their interest on something they can easy to handle.

Many gamble in memecoin, but this is actually another not reliable investment.

If they are interested with utility coins, maybe they should look at this top coins listed in this sites.

https://changelly.com/blog/best-cryptos-with-real-world-utility-to-buy
http://utilitytoken.io

[denshin]

Honestly the real utility ended up in stablecoins, like mu_enrico said. Most "utility" tokens were just a ticket into one app, and people would rather pay in USDC anyway

[doughman60]

I miss the utility narrative too, but a label alone is not enough; the product has to keep shipping and create a reason to hold the asset. For any early public access I use a fixed checklist for distribution, liquidity and unlocks, and avoid the 24-hour hype cycle. TokenKickstarter is one place I have checked while mapping newer projects, then I verify the contracts and vesting myself. NFA.

[Abiky]

I guess mining lost its spark, due to shrinking profitability, since big factors on that is the electricity cost goes up and that eats a lot in their operation. There are also other factor affects it and this is the reason many people shift their interest on something they can easy to handle.

Many gamble in memecoin, but this is actually another not reliable investment.

If they are interested with utility coins, maybe they should look at this top coins listed in this sites.

https://changelly.com/blog/best-cryptos-with-real-world-utility-to-buy
http://utilitytoken.io

Mining may have lost its spark, but that doesn't mean it'll die in the long run. For what I know, there are still areas where electricity is dirt-cheap. People living in such areas, will continue to mine PoW cryptocurrencies for profit. Given that most altcoins are switching to PoS, there's a high probability Bitcoin will remain the sole PoW crypto in the future.

I have to admit that utility coins are becoming scarcer each day. Everything's speculative right now. Things could change if more serious investors join the craze. With "Wall Street" now in the game, there's hope crypto will shift from being purely-speculative to being more utilitarian-driven. Only "meme" coins will remain speculative investments due to the way they're designed. The market changes quickly, so anything can be expected. In meantime, I'd suggest you "stick" with good-old cryptocurrencies such as Bitcoin, Litecoin, and Monero. They're most likely to last a lifetime.

[HyperCodexV]

I suggest you stick with old utility coins you used to mine. Actually the great majority of cryptocurrencies have the same utility which is being a trading instrument, nothing more. If you already have mining stuff, go try some of them, plenty of them are discussed in mining communities. But if you are planning to manage a mining farm from scratch, you better choose one of the already existing projects. I see monero still enjoyable for solo mining but you have to deal with exchange platforms since most of them delist privacy coins. Also litecoin is a still a profitable coin. Good luck

People like us who lack the capital don't even think of setting up a mining farm. I personally just prefer leveraging on high volume utility coins and as of recently, my personal favorites are Xrp,Hbar and Arb on a daily trading. I switch in between them because they are far easier to trade on futures and mostly I usually go long on them. I hardly short the market. I somehow find a strong connection to them because I was seriously backtesting and observing them during the heavy downtrend of the market and I noticed how they were bouncing back and surviving the worst market conditions and that gave me the confidence I needed to trade their volatile contracts.