>>60562039idk how you can read my post and still reply with that.
first lets break down why i made the post. i was responding to an anon that said
>That demand is absolute dust compared to ETH's inflationary supply. See pic.he then posts a comparison of gas usage vs inflation rate
he is conflating demand with gas usage, which isn't accurate.
total demand = people buying to access onchain assets like a pudgy nft or $pepe + gas usage + speculation on store of value(from properties like #1 reliable and decentralized smart contract platform, unfreezeable money; if you decide instead to buy usdc to transact onchain your money could be frozen with the press of a button)
if i want to buy $1000 worth of $pepe tomorrow, or consider i might want to buy $1000 worth of some new launch in the next 6 months im going to buy $1000 worth of eth. this has created $1000 worth of token demand and i haven't used any gas whatsoever(yet).
not sure how i could make it clearer. you evaluate different coins based on different metrics. revenue doesnt really matter for a memecoin, but it certainly matters for a utility coin.
that is, unless you're knowingly in a psyop cult whose entire value is based on the team's marketing strength and ability to psyop new exit liquidity for them to dump on(xrp and link being the most obvious examples of this but of course there are many more)