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In essence, even if a project boasts strong fundamentals, a solid team, and real-world value, it doesn't automatically translate into a great investment. This is particularly true for projects with highly inflationary token models. In such cases, reaching previous all-time highs can seem like an even more distant goal.
In summary, a project's fundamentals are only one piece of the investment puzzle, especially when dealing with highly inflationary tokens.
What do you think about this ?
That is just the way it is, there are many companies that despite having great products and innovative ideas failed at the end, so it is not surprising the same were to happen in this market, after all a great deal of speculators out there are not really looking for solid projects in which they can invest, what they are looking is for the dumbest project which can be conceived but that can still attract the attention of others, which is why meme coins are so popular despite their poor fundamentals.