Written by: Layergg

Compiled by: Deep Tide TechFlow

AI > LSD > China > Arb > Meme > LSDfi > ETF > Telebot > Gamble > DWF > MK Leader > ?

In the cryptocurrency market, it is important to understand which narrative dominates the market. Each month is a narrative deduction, and each narrative has a unique protagonist. Through this article, we will take you through the cryptocurrency market of 2023, reviewing various noteworthy narratives.

2023 Key Narrative Timeline

[1]AI(22.12~)

OpenAI's ChatGPT has sparked interest in the cryptocurrency AI field.

• Best performance - $AGIX $FET (up to 10x)

• Outstanding performance - OCEAN, CTXC

[2] LSD(23.1~)

After the Ethereum merge, staking demand increased, drawing attention to LSD.

• Best performance - $LDO (up to 4x)

• Outstanding performance - RPL, FXS, SD

[3] China Narrative (23.2~)

With the news that Hong Kong will allow cryptocurrency trading starting in June, the Chinese narrative emerged.

• Best performance - $CFX (up to 15x)

• Outstanding performance - PHB, KEY, HIGH

[4] Arbitrum Season (23.3~)

The upcoming launch of Arbitrum tokens has sparked strong interest in related ecosystem projects.

• Best performance - $GRAIL $RDNT (up to 10x)

• Outstanding performance - GNS, JOE

[5] Meme 2.0 (23.4~)

The emergence of BRC-20 and the subsequent popularity of PEPE sparked a meme frenzy.

• Best performance - $PEPE (up to 25x)

• Outstanding performance - WOJAK, AIDOGE, BOB

[6] LSD-fi (23.5~)

Projects utilizing LSD liquidity began to gain attention.

• Best performance - $PENDLE (up to 5x)

• Outstanding performance - LBR

[7] BitcoinETF+ BlackRock (23.6~)

BlackRock's application for a Bitcoin spot ETF led to an increase in BTC-Beta.

• Best performance - $BCH (up to 3x)

• Outstanding performance - #BSV #STX #ALEX

[8]TelegramBot(23.7~)

Telegram-based projects have sparked market interest by creating substantial income.

• Best performance - $UNIBOT (up to 15x)

• Outstanding performance - PAAL, LOOT

[9] Gambling (23.8~)

The gambling industry has become a key area for generating significant income.

• Best performance - $RLB (up to 5x)

• Outstanding performance - WINR, FUN, DMT

[10]DWFLabs (23.9~)

Attention to DWF Lab has led to an increase in related projects in the market.

• Best performance - $YGG (up to 5x)

• Outstanding performance - AGLD, DODO, ORBS

[11] Rise of Market Leaders (23.10~)

The bullish trend of Bitcoin has led to the increasing prominence of "market leaders," similar to the dynamics of traditional stock markets.

• Best performance - $SOL $INJ $RUNE (up to 4x)

• Outstanding performance - LINK

Current Narrative

1. Solana Ecosystem

The surge of Solana has impacted ecosystem projects.

• Best performance - $BONK (up to 7x) Outstanding performance - $NEON $HONEY

2. New Coins in Cosmos Ecosystem

Projects launched within the Cosmos ecosystem in 2023 have garnered significant attention.

• Best performance - $TIA $KUJI $SEI (up to 3x) Outstanding performance - $NTRN

3.AI

$NVDA reached a historic high, and the increasing demand for decentralized AI infrastructure has sparked market interest.

• Best performance - $TAO (up to 4x) Outstanding performance - $OCEAN $RNDR $AKT $FET

4. Gaming

The announcement of GTA 6 release has sparked the gaming narrative.

• Best performance - $SUPER (up to 4x)

• Outstanding performance - $PRIME $PYR $IMX

Strategic Insights

1. When the market lacks momentum, the focus tends to be on a few key narratives.

2. With the market heating up and increasing attention, the focus quickly shifts between various narratives and categories.

3. On average, the lifespan of a new narrative is usually about a month.

4. Second-tier alternatives rarely surpass the narrative leaders.

Understanding short-term market sector rotations and identifying categories or mid-term narratives that continue to perform well is key to understanding market trends.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。