You are solely focused on price here it seems. You actually think it's a net positive that people stop transacting on Bitcoin. Its intended use is decreasing, but you applaud this all in the name of price.

If 100% of Bitcoin tx would be shitcoin minting or jpegs, would you consider this a great success for (the mission & adoption of) the Bitcoin network? Do you think that network would have the same value, if no one used it for monetary tx?

Very questionable arguments, especially the fact that you applaud scams and shitcoins coming to Bitcoin.