This is going to sound very controversial, but I think the general trading populace is not ready to accept AI related projects as an option when it comes to investing long term.
Now I obviously haven’t had a discussion with every trader, but you’d agree that more often that not traders are usually prioritizing profitability over utility, which is not necessarily a bad thing.
For example the only reason I might be getting GAIA is me seeing it listed on cex like bingx and want to take advantage before Binance list it , and I intend to sell right after, I understand that it gives us tools to build, use, and earn from AI but like most people I’m not really a fan of committing to alts long term, and I think this is why memes have a lot of appeal.
You can take out GAIA and use any other project and I’m pretty sure you’d get a similar reaction, think about FET, AGIX, OCEAN etc, all these projects have really solid utilities but not as much hype as you’d get with memes.