I'm included to agree with you. Take for example ONDO, you can see what their building clearly.. even alloy. XYZ that op mentioned, their building the world's first tokenized stock exchange and it's been accelerated by BNB. that's the utility that made me keep an eye on the token..will wait a little if I can see a better entry imo or just go in since it's a long term for me..
https://i.ibb.co/5xCs4gtv/Screenshot-20250605-070612.jpgThe chart that you showed is a classic pattern that is found in scam projects that are manipulated to show fake and attractive numbers on other websites that track them. What you showed is not a good thing, and I hope that you understand that. If not, this is your opportunity to learn something new.
What's your take on their utilities though?.
Low or does not exist at all. Wrapped tokenization has no utility. Native issuance could but there are no project that made a lot of progress with this yet.
