Whether high inflation or low inflation, there has to be utilities for a coin or token to keep performing well in all market situation. Without that, the coin/token will only amount to just a pump and dump one which only relies on hypes of social influencers to perform in term of price.
Yes that's true if without utility of course it will end up like most meme coins,
but nowadays not all meme coins are like that because we can see like dogecoin and shiba inu it's a favorite coin,
if you want to make a profit, do research before investing because there are also many coins without any utility