If a coin introduces a completely new technology that enables a different function and is sustainable in the long term, does it have the potential to be a worthwhile investment?
Yes if its really worth investing and attractive why not. Most coins and tokens without new gimmick cant work in the degen market. Remember the hype on br20? These are new hype that surround bitcoin blockchain that are become mainstream to some OGs and see it become a trend and some gains a lot.
Yes, projects that are hyped up will only be short-lived.