#memecoin‬⁩ plays are becoming a valid way for speculators and gamblers to thrive during bull runs. If at all you are looking at this growing class, be ready to lose it all (and therefore allocate a 2% of crypto portfolio into them).

The narrative to follow here is to identify the main memecoins on Layer 1s that are growing well – they give a higher beta to layer 1 assets.

#Etherrum (DOGE, SHIB, PEPE, FLOKI), Solana (BONK, WIF, MYRO) and Avalanche (COQ)

a great ride 2024 has already been! Bitcoin is up 60% year-to-date and is nearing price discovery mode after taking out its previous all-time high. Ethereum, Solana, and other top altcoins have followed the #1 asset’s price action and have registered considerable gains too.

To maximize your crypto portfolio returns, it's prudent to allocate a good share to emerging and upcoming narratives that will drive value in the ecosystem. In our last article, we covered layer-2 solutions, decentralised protocols and gaming ecosystems

AI is the next big narrative globally and crypto-based AI tokens have the potential to deliver decentralized scaling of AI solutions. The frontrunners in this space are Render (RNDR) and Fetch.ai (FET). The risks involved in this space are: how well the general AI narrative takes shape globally and how soon.

#RNDR: is basically a decentralised GPU network. If you have idle GPU at your home, you can loan out that GPU for others to use to implement AI services. A simple yet effective idea. RNDR has a market cap of $3.7 billion currently and can do a 5-8x over the next two years potentially.