Why is APEcoin still in Top 100 Cryptocurrencies?!?!

If you haven`t read the APE Coin Growth Thesis:

Then you should know that APEcoin's current market cap of $2.3 billion and its position within the top 100 cryptocurrencies seem overinflated and unjustified. The project's reliance on non-fungible tokens (NFTs) raises concerns about its intrinsic value and utility within the broader crypto ecosystem.

Unlike other cryptocurrencies that offer tangible benefits, APEcoin's NFTs fail to provide significant value. While NFTs have gained popularity, their long-term sustainability and practical applications remain questionable. APEcoin's NFTs lack a compelling narrative or clear use case that would justify its market capitalization.

In contrast to APEcoin, top-ranking cryptocurrencies have solid underlying fundamentals, offering functionalities such as decentralized applications, smart contracts, or efficient cross-border transactions. APEcoin's limited value proposition puts it at a disadvantage in the highly competitive crypto market.

Considering these factors, a market correction or revaluation for APEcoin appears likely. A more realistic price target of $1.04 is in line with its current value and potential market demand.

Looking forward to read your opinion about it.