@v247852wer
Tokens without fundamental utility carry extreme risk as their value relies purely on speculation, making them highly vulnerable to price collapse. They lack sustainable demand drivers like governance power, staking rewards, or protocol fee-sharing, leading to rapid investor disinterest. Such tokens often experience massive dilution from inflation or founder unlocks, as there is no utility to absorb the selling pressure. During market downturns, they are typically the first to be abandoned, losing most of their value. Ultimately, a token without a clear use case is a digital placeholder with no long-term viability, posing a significant risk of total loss.