đăNew trends in crypto narrative, have you got it? ă
In the world of cryptocurrency, the power of narrative cannot be underestimated. Today, letâs talk about the latest narrative trends, based on @_kaitoaiâs narrative thinking methodology, and see what the market is paying attention to.
Since the beginning of the year, there have been these changes in narrative concepts:
Artificial intelligence continues to be strong and will be a hot topic in Q1-Q2 of 2024. Since 2023, it has dominated the market, with mindshare often fluctuating between 30-50%. This reflects overall growth in the AI ââfield.
SocialFi's concept share has increased significantly recently due to projects such as the revival of Friendtech and the launch of Fantasytop.
Memes have also become a powerful narrative for Q1-Q2 in 2024.
The sharp decline in BRC20 attention may be related to the drying up of narratives after Bitcoin halving, and the weakening of interest in ordinal numbers/runes. In 2023, BRC20 was a hot topic.
DeSoc has also attracted much attention, stirring up the market together with Farcaster, Friendtech, DeSo and other projects.
GameFi is slightly weak. Although people expect games to revitalize GameFi, no major game has been released so far this year.
The LSD + LRT narrative also took a hit, and after the EIGEN token was announced, multiple LRT protocols (such as Renzo, Etherfi) ended their points programs/S1-S2 activities.
These changes reflect the latest developments in the market and deserve your and my attention. Remember, narratives not only affect sentiment, they can also affect prices. Stay alert and invest rationally!
