What's the future of memecoins/crypto outside of btc/eth?

99.999% of memes are just wealth redistribution, pure extraction, a literal ponzi. even keeping a moonbag is burning money on daily runners/new launches.

it's quite literally robbing from each other.

How can this change? one is having actual PvE sure, but is that really it for memecoins ... just aggregate the trading volume in a few memes so the pvp become pve bc everyone gets a chance to take profits lol.

like, i believe murad when he said most of these utility coins are meme coins. they dont actually do anything of value to warrant their price points, VCs dump on retail, and theres like 100 of the same tech, and this space imo isn't like irl companies where sol, sui, avax, ada etc all get massively adopted and win together.

basically it's just people dumping on each other. for majority of alt coins VCs dump on retail and for memes its VCs/retail dumping on retail. I'm not saying anything new when i say it's because these coins are all speculative theres no ceiling nor floor because there's almost no value to anchor the price to some metric

i hear some people say it's just going to be what's the next meta. like how we went from NFTs to memes, we can go from memes to web3 gaming/staking etc. But honestly, there's enough money and interest in the space to actual create things and have real value flow ... like why is all the value still based on speculation?

and for those who say bitcoin only, are you acknowledging there is 0 benefit to crypto outside of btc? if so, why