Reddit Posts
Trying not to FOMO this alt move. Which utility coins pass the why does the token exist test?
Mentions
Yeah, that’s basically the distinction I’m trying to make. Why does the token exist? -is only the first filter. After that it’s whether actual product usage can create enough demand to matter versus dilution. That’s actually why TOWNS caught my attention. There’s already a real product layer behind it with private Spaces, onchain membership and bots, and the token sits underneath network participation/governance rather than just being slapped onto the app. With TOWNS moving and volume picking up again, I’m more interested in whether that usage side starts getting priced in.
Post is by: PotentialGur31 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1vuw3i9/trying_not_to_fomo_this_alt_move_which_utility/ Trying not to FOMO this alt move. Which utility coins pass the why does the token exist test? This sub spent months saying most alts were dead and now everything is green again and every bag suddenly has fundamentals lol. I’m trying to stick to stuff where I can explain what the product does and why the token needs to exist. HYPE: real perps product with real usage. The Trump and CFTC attention gave it even more momentum this week. LINK: boring pick but still one of the easiest infrastructure plays to understand. It has been around forever for a reason. AAVE: lending is straightforward. People use the product and there is real money flowing through it. TOWNS: probably the one I am most curious about here. It is a Base messaging and community protocol with programmable Spaces and onchain bots, and TOWNS is tied into how the network operates and is governed. They have a Hyperliquid bot on the product side too. If this alt move keeps going I would rather be looking at stuff with a real product behind it than chasing whatever random meme is up 80 percent that day. If you had to pick one of these based only on product and token utility, which one are you taking? What am I missing? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*
A project can have users and activity but that doesn’t mean the token captures any of it. Been thinking about this with Towns and $TOWNS. What I can’t figure out is how much weight to give the product metrics versus the token mechanics. I’d probably care more about retention than raw user numbers though