Theoretically, only when new narrative leaders emerge will the leading effect of altcoins appear.
The new concept of leading effects, regardless of the market capitalization of the coins, will drive market scale. The leading effect will expand the scale and direction of altcoins.
In the past year, inscriptions, AI, and memes have all exhibited brief leading effects, and these new narratives have injected vitality into the altcoin market. Those who are good at chasing new narratives are more likely to win in market competition.
Narratives worth paying attention to next
1. RWA
2. AI + Various Concepts
3. Bitcoin Layer 2
4. Depin
Whether the concept is just rehashed is not worth discussing; those who can attract funds will be a good choice. Just like in the past, I saw many people from traditional finance being convinced and joining the RWA army, and many older individuals forming a new consensus on RWA, converging concepts to drive the flow of funds.
Defi old coins have performed well in the past period; this is to be expected. When the bull market arrives, it means Defi will head towards recovery, which is also a long-term view of mine.