I do think the recent decline in the market has woken people up again to the fact that 99% of coins out there are useless. It's why I still believe that utility coins will come out on top in the long term and that we'll see capital flowing into those again at some point. But the fact is that most of these are DeFi/ETH based and without ETH making some kind of move, the underperformance on many of these coins will likely remain. If the market is going crazy, the dumber the coins, the better they do. But obviously your risk is higher as well which has been clear recently. The goal for these "utility" coins is to attract capital during the risk on phase as well. Which needs a catalyst. The catalyst for many of these coins, which are now just governance tokens, would be the fee sharing to token holders/stakers. That would actually bring over the value these protocols are generating to their tokenholders. This has been hard the past few year due to regulations, especially for the US Based projects (which many of the top DeFi projects are). But don't take my word for it because I've been holding some of these coins for a while with underperformance. Just sharing some thoughts as always :)