Meme is like hiring a model to accompany you for a few nights of romance. No matter how sweet or beautiful it is, it isn’t a serious relationship. If it's just for fun, then go ahead, but if the whole industry is just playing around, then it’s going to end badly – we still need to increase the practical applications and the construction of L1.
As for the valuation of ETH, I tend to think that L2 and Restaking dilute the value of ETH itself, as they each have their own tokens, which could all be valued in ETH. Therefore, Base indirectly increases the valuation of ETH, while other coins in L2 and Restaking dilute it.
