If every new tech in crypto field goes to BTC HODLers for free, why would people invest in new tech?
Well, every new project is either to solve a lagging problem or just leverage on the existing technology and improve on it for a proper synergy, but we mostly have in the market are majorly a mirror of an existing project aiming to dethrone the old project and this usually lead to rivalry and at the end, the weaker project keeps losing value and community. One would have expected BCH and BSV to be well over $2k with all their many shillings.
I do not believe that every project wants to solve a problem. But I am aware that every project does its best to make money. Unfortunately, as a result, the market has been filled with shitcoins. Aside from Bitcoin and 10-15 other basic projects, I don't think the rest really works.