Analysis: Narrative-related tokens such as Meme, RWA, prediction markets, PolitiFi, AI, and Solana have outperformed Bitcoin this year

ChainCatcher news, Artemis data shows that only AI tokens outperformed Meme coins at the beginning of 2024. By mid-November, the returns of Meme coins were 6 times the average of the cryptocurrency market.

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

From a narrative perspective, year-to-date, the following categories of altcoins have outperformed Bitcoin: Meme, RWA, prediction markets, PolitiFi, AI, Solana, and smart contract platforms.