Coins that offer services that solve real problem, should get more attention instead of those coins that completely depend on hype. Eth, Solana and a few smart contract platforms support useful services, focused on utility and offers better technology in the whole crypto market than making profit.
Some shitcoins using AI tag to create hype among investors but it doesn't bring them successful. Although some AI project are working on solving real problems but we shouldn't choose a coin just because it has a good idea. Following old trusted coins with working products is better than new coins that make big promises without delivering anything useful.
They should. But they won't. Why? Because the vast majority of retail investors only care about the profits. Even developers are in the same boat. Perhaps, everyone will start to take things seriously with "Wall Street" on board?
With serious, institutional investors, developers would be forced to focus on "quality" instead of "quantity". This means giving coins utility, instead of letting speculation be their destiny. For now, only old cryptos are useful. The rest are simply pure junk. You can agree to disagree, however.
The narrative is now moving quickly, tokens are popping up all the time, good projects are stalled because there are no enthusiasts, developers who only aim to build L1 or L2 are currently not very interesting regardless of utility if the innovations offered are not much different from the existing ones, this is where new projects that are popping up do not get much attention because we already have a chain that is much stronger fundamentally and also in terms of community or users.
The developers and retailers are looking for a niche market for profit in the short term, therefore casinos such as Pumfun, Stonk, Pons and others to be their playground, this also happens because the market speculation began to change where the bad retail and developers who see the niche exploit each other so that there is social trading and actually this was born from the main market that is not interesting, I do not say everything but what we notice is clearly the market situation for innovation is very poor in my opinion.
