Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like
https://twitter.com/ImmobiliumInc/status/1541555357524312065That is why it is important to carefully evaluate the potential of every project.
Because the big competition now holders have a big choice of different projects with staking.
The most important is to evaluate the right potential of the coin.
Staking allow to earn passive income. It is a good opportunity to earn money. But staking works only when market rise.
When market falls the profit from staking does not compensate the loses from fall of the market.