TOP 6 CRYPTO CATEGORIES YOU SHOULD KNOW IN THE COMING BULL RUN
Here are some top crypto narratives you should know
1. **Decentralization and Web3:**
Emphasis on decentralization continues to be a core narrative, with projects aiming to create a more decentralized and censorship-resistant internet (Web3). This narrative aligns with the principles of blockchain technology and aims to reduce reliance on centralized entities.
2. **NFTs (Non-Fungible Tokens):**
Non-fungible tokens gained immense popularity, representing ownership of unique digital or physical assets on the blockchain.
3. **DeFi (Decentralized Finance):**
DeFi is a dominant narrative, focusing on leveraging blockchain technology to recreate traditional financial services such as lending, borrowing, and trading without the need for traditional intermediaries.
4. **Smart Contracts and DApps:**
The expansion of decentralized applications (DApps) and smart contracts continued to showcase the potential for blockchain technology beyond cryptocurrencies. Platforms like Ethereum play a significant role in this narrative
5) Meme Coins
Meme coins is a highly speculative category of coins with a higher risk higher reward potential they thrive mainly from Hype and Speculations. E.g Doge Coin , Shiba Inu are the leading meme coins
6. **Layer 2 Scaling Solutions:**
As blockchain networks faced scalability challenges, layer 2 solutions gained traction. Projects aimed to address issues like high transaction fees and slow confirmation times by building additional layers on top of existing blockchains.
7) Gaming (Gamefi)
Gaming is another sector of Crypto that has real world utility as users engage daily on crypto via gaming some gaming coins are $BEAMX , $AXS $IMX
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