The reason meme coins are popular is that they can attract more premiums, greater upside potential, and more attention.
In terms of Altcoins, if we intend to identify speculative premiums, one method could be to compare the performance of altcoins in 2024 with BTC.
If you are going to invest in a particular altcoin, be sure to determine the SP that corresponds to its current price.
Bitcoin (BTC) year-to-date (YTD) increase: 117.5%
Speculative premium (year-to-date) = Altcoin performance / Bitcoin performance
Top 10 altcoins ranked by speculative premium (year-to-date) —
40% of the projects are from the decentralized finance (DEFI) category.
Pay special attention to the decentralized finance sector.
