Shifting DeFi narratives: Memes soar as wallets position for dominance

Shifting DeFi narratives: Memes soar as wallets position for dominance

DeFi is a game of narratives. However, these narratives are constantly changing, and the trends within them continuously evolve. Keeping up with the latest trends requires in-depth knowledge of what these narratives are and how they rapidly evolve in the crypto market.
This analysis is based on data from Dune Analytics, specifically from @cryptokoryo, who was among the first to group these narratives into quantifiable indices. Each index places equal weighting on the top five projects within that particular narrative, creating an imperfect but extremely useful dataset for analyzing the DeFi space.
The original data identified around 30 narratives, but a few have stood out as dominant since the beginning of the year. AI, encompassing AGIX, ALI, FET, OCEAN, ORAI, Friend.tech with Cobie, 0xRacerAlt, HsakaTrades, Banks, and Zhusu tokens; Memecoins with BONE, DOGE, ELON, FLOKI, SHIB, BOB, LADYS, PEPE, TURBO, and WOJAK tokens. The Bitcoin ETF narrative has also been prominent this year, with

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We współpracy z: https://cryptoslate.com/shifting-defi-narratives-memes-soar-as-wallets-position-for-dominance/

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