It is kind of discouraging to see that tech and utility doesn't mean close as much as hype and memes.

Today's memecoin surge just once again proves that tech and utility of the token doesn't matter much to people investing into coins. How many great and exciting projects with so many new utilities and uses have been nothing but disappointments with their constant price decreases over the time, and then comes a stupid frog token that clearly states in its whitepaper it has no utility, that it's a shitcoin, and it just goes to the moon in few days.

Currently this coin is in top 40 of market cap and keeps rising. Coin like SHIB is in top 15 for so long, and Doge has been in top 10 for so long.