Of course utility is most important. The social market isn't in need for anything nonproductive things. Meme coins or any other form of useless currencies were exploited/buit as an instrument for trading when trading itself is a useless activity (nonproductive).
It's slow? I don't think so, there are even much slower cryptocurrencies there and they have a higher fee. Bitcoin is good as it is right now and it's the king of the market, and that's a fact.
I find it funny how someone can see bitcoin price moving slowly. No currency over the history had made those giant steps at start except those which fell dramatically like the Lira Lebanon or Bolivar Venezuela.