Memecoins Have 280% Annual Return: Is There a Shifting Wave Coming to DeFi❓
$MEME coins are known as cryptocurrencies that can provide great returns, especially with social media hype and community support. The annual return of these coins has reached a high level of 280%. However, it can be said that the interest in such volatile assets has calmed down for now as investors have started to avoid risk.
Donald Trump Jr.'s recent statements about cryptocurrencies may draw investors' attention to DeFi projects. DeFi eliminates traditional financial intermediaries and allows users to receive financial services directly. Trump Jr.'s statements may cause an increase in interest in projects in this area, and there may be a shift from memecoins to DeFi projects.
In summary, although the annual return of memecoins is high, market dynamics and investor behavior may change this trend. Interest in DeFi projects may emerge as a new investment trend.👍