Analysis: Tokens related to narratives such as Meme, RWA, Market Forecasting, PolitiFi, AI, Solana and others have performed better than Bitcoin this year

Artemis data shows that only AI tokens outperformed Meme coins at the beginning of 2024. By mid-November, the return on Meme coins was six times the average level of the cryptocurrency market.

Market insight platform Kaito AI pointed out that a quarter of cryptocurrency investors prioritize discussing Meme coins. In other words, more focus is placed on short-term profits rather than long-term value returns.

From a narrative perspective, so far this year, the following altcoin categories have performed better than Bitcoin: Meme, RWA, prediction markets, PolitiFi, AI, Solana and smart contract platforms. (CryptoSlate)