Only 3 groups of tokens outperformed BTC this year:
- Largest category - trading tokens: $DRV +665%, $HYPE +200%, $PUMP +121%, $RAY +106%
Degens gamble, protocols collect fees and buy back their tokens.
then....
- AI: $VVV +1431%, $NEAR +203%, $GRASS +151%
and...
- Privacy: $ZEC +137%, $XMR +37%
Maybe we can add institutional adoption story with $QNT +173% and $MORPHO +89%
Everything else pretty much rekt.
Still, I believe the easiest trade is finding high revenue tokens.