How cryptocurrency is going to survive the dilution and culture it has created?

I have been in cryptocurrencies for the past 5 years, and I have always loved the idea of having the ability to create value systems for games, communities, etc.

However, there should be no doubt about the fact that cryptocurrency has turned into an attention casino, with instant launches, rotations, extreme PVP, and the number of tokens in the past few years has risen by more than a whopping 20 times, with most of them being meme coins.

This dilution is not limited to DEX-based tokens only. Even Binance has listed random meme tokens in the past few years. There was a time when a Binance listing meant something, and that is simply not the case anymore.

We are all waiting for a bull run, and we are thinking this is the bottom, but technically, how will we ever get the liquidity required to inflate these market caps across more than 20 million tokens? And why should a sane investor now invest in crypto when both BTC and ETH have been outperformed by every other asset class?

In the past, there used to be major catalysts that drove the hype, but we know now that most of the crypto adoption is already here. Even Samsung is using blockchain for its secure network, and Visa and Mastercard are also bringing stablecoins, so crypto as a technology is pretty common now. There are people who either know about crypto and don’t care, or they don’t know about crypto and don’t care.

So, what else is missing? Who will bring fresh liquidity after extreme dilution, casino-style destructive behavior, and very poor ROI in the past 5 years, and why? Let me know your thoughts.