Why aren’t we trading narratives directly in crypto?

Every time a new narrative picks up — like ZK, AI, Restaking, or modular chains — random tokens moon just because they’re somehow “related”.

But in most cases, those tokens don’t even do anything. They just ride the meta.

It feels like what we’re actually trading is the narrative itself, not the underlying product.

So… why are we still stuck trading proxies instead of trading the narrative directly?

Has anyone seen experiments trying to make narratives tradable as standalone assets?

Curious if I’m alone in this thought, or if someone’s already building in this direction.