First off...

I would argue that 5% is actually quite good.
The cutting edge of tech is always going to be 95% garbage.
Ask any venture capital investor.

Secondly...

I think of tokens as communities. Just because a random village in Uganda has no value to the world economy doesn't mean we should run around trying to colonize and centralize the world into an empire. That's exactly what we are trying to get away from.

The meme-coins and all the other garbage projects out there are casino outlets for new-money millionaires with a real function: to continue allowing them to spend their money and staying entertained while not leaving the network that made them rich. Until we actually build something better this is what we have. It is delusional thinking to just decide that these people need to leave their communities and spend their money elsewhere. That's not how this works.

We need to stop deciding what people should be doing and take a look at what they are actually doing.

Perhaps what we really need is better interoperability.