For me any project or platform will zero user is not worth investing into, I have said over and over again that the best investment one can make in the space now is to invest into exchange platforms because they do have users that are using their tokens to pay for trading fees unlike most of the useless tokens in the space that were just created for ICO sake
Yup having some use case propels a price. At least in the real world. I think Nauticus will stabilize in price as the market improves and they release some nice features.
I completely agree, the exchanges have real uses. Those exchange tokens like BNB or Nauticus (NTS) have utility. Obviously for most of us crypto is a long term investment, but I completely agree that the potential for great rewards with exchange tokens are there.