According to Foresight News, Kaito AI provides a way to measure the popularity of narratives in the crypto market, namely mindshare. This metric measures the dominance of narratives in social communication relative to the entire market. Since 2024, AI and Meme Coin have become one of the strongest narratives. The exponential growth of the AI ​​field has enabled its continued presence in the entire market. Meme Coin was also very popular in the first and second quarters of 2024.

SocialFi (financial social networking) has the biggest change in popularity, driven by factors such as the resurgence of friend.tech and the explosion of fantasy.top. BRC20 has the biggest drop in popularity, likely due to narrative fatigue after the Bitcoin halving and the recent decline in interest in Bitcoin Ordinals/Runes. Decentralized Social (DeSoc) is also expected to become a strong competitor for popularity dominance.

The GameFi narrative has cooled off, while the LSD and LRT narratives have both slipped slightly from the beginning of the year. Decentralized Physical Infrastructure Networks (DePIN) as a vertical has also been growing steadily this year. Ethereum ETF discussions will heat up again, and ZK (zero-knowledge proofs) is also a potential narrative that has not really been widely adopted but may be revived in zkSync's TGE token generation event.