If you agree that utility tokens were built to attract funding via ICO boom and all of the "utility" things were mostly speculated around to do the ICO, then maybe you will agree with the rest: 99% of utility tokens' value will not be affected by the project itself (unless it simply dies), the value will only be affected by the traders' speculations.

Let me elaborate:

I know a project that does great with their development and business implementation (user DB grows in 100s of %), but the token price bleeds. Good project news have close to zero impact to the token price. And this, tmm, will continue to be so until their project and the infrastructure around it will go so huge, that the utility-demand will become enormous and this way grows the demand for the token (thus inflates the price).

Until the real demand is huge, the project itself basically has zero impact to the price leaving it to bleed further in the hands of traders (speculators that most of the time give zero f*** about the project itself by not even using it).

Tmm, BNB is the only token that makes good utility-demand thanks to their good business and action plan (it currently holds a value of 20usd vs most tokens fail to even be worth 0.01 usd). XRP may get there, but is still in the hands of speculators more, than in the hands of the infrasture's demand (bank payments).


Do you agree? What are your thoughts on that?