Imo, you just have to consider what gives p2e tokens value.
If the game's tokenomics are sound and you can answer why there is demand for people buying the tokens that players are dumping in order to 'earn', then they will live on.
PS. I found your post via threads :)
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I'm glad my tread is getting some recognition 🙂, and yes you are absolutely right. But it seems the demand has weakened over time. I remember how much Axie diminished after the release of pegaxy. The last time I checked the stats of pegaxy, it was close to being called a wrecked ship.