Yeah this is the thing. Investors are only looking for the next bitcoin these days. Something that will pay back 10.000-fold in 2 years. They're cheering each other on and working themselves up drooling over the imagined profits. They no longer have any long-term vision.

If it doesn't meet those sky-high expectations it's a flop.

The same happened with metaverse, blockchain etc. Those technologies are kinda shitcanned now which is unfair too because they have excellent usecases where they add value. It was never going to be for everyone, and no we weren't all going to run around with an oculus quest 24/7.

I think these investors break it more than they do good.