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I think it's now Nft's turn, just as Bitcoin has been treated as digital waste and its price has been upward.
Tell me what you think
No matter what they do, people will see NFT as low-value projects. They can't be compared to BTC as it was an ambitious attempt and there is no need to do that because NFTs have proven nothing in the first place. If you can afford to invest in hype projects, then invest in these NFTs and so in this way you could also experience of what happened to those investors who trust them in the past.
Bitcoin is really the king in the market and despite any market conditions, this will remain valuable, unlike these NFTs.
NFT are supposed to be a token for artworks but due to the corruption of most people stealing ideas and arts just to sell them without the knowledge of the owner. It did cause a negative effect on the NFT community plus the bizarre overpricing of most arts/nft brings more losses to people who thought it would bring fortune to them. Now that the selling price suddenly gets low they can't take their investment back that's why most of them forced to sell at a cheaper price.
So, I couldn't disagree with what you said that NFT is a low-value projects in the end. It's just like how the ICO era did in the past.