In Crypto, you don't need utility to be a successful project $

One of the most interesting things about the stock market is that a discovery or invention by a company listed on the stock exchange could send its shares price up in a bear market.

In crypto it is a different ball game, your new utility does not move the price of a tokens, you can create the best product and your token price will remain the same, that is to tell you that crypto is all about the cycles and has little to do with utility, utility are just add ons.

The only tokens in crypto that move in a bear market are presales and memecoins, and literally the pump most times last for an average of 2days

A crypto project can continue to live for as many cycles as the team wants without a utility as long as the team has enough money for liquidity and marketing for hype, they will get new investors in the right cycle.

That is not to say whatever utility you are building wont help the crypto space but sincerely speaking, it doesn't matter because crypto is all about the cycles.

A crypto project does not need an utility to succeed that is why i think majority of the utility project in crypto are useless, they wont scale and wont have any users, in most cases, they are built for the founders ego or just to engage the community