Crypto class of 24/25 who joined post pumpfun seem to think that they're all crypto has to offer. I had big losses at the start of this year, but the teams I invested in kept building and many have regained momentum. Meanwhile many people I know lost >95% of their portfolio because the memes they held fizzled out and died. You may not see a 100x in a day, but the downside for a utility coin with a team that won't give up is much lower than a meme which can lose all it's social capital overnight. I play both sides, but I always find it easier to make money on EVM chains.