Despite the narrative that "revenue-generating protocols" are superior, tokens like $PUMP, $MET, $JUP, $LDO, $HYPE, $AAVE, $BNB, and $UNI have seen significant declines (33-70%) since October 10. The post argues that when liquidity returns to the crypto market, memecoins are likely to outperform these "utility" tokens, as they have historically. Investors should consider that memecoins may offer better returns during a liquidity rebound.