HERE ARE SOME CRYPTO NARRATIVES THAT MADE WAVES IN THE CRYPTO MARKET
1. LIQUID STAKING DERIVATIVES $LSDs
$LSDs have always been a strong narratives and will always be.
Liquid staking derivatives (LSDs) are cryptocurrencies issued by liquid staking platforms, allowing stakers a means to unlock their illiquid-staked assets and generate more yield.
2. REAL WORLD ASSETS; For me, this is going to be one of the top driving narratives in the next bull run
#RWA are assets that exist in the physical world or off-chain but are tokenized and transferred on- chain to act as a source of yield in DeFi.
examples include, Real Estate, Bonds, etc.
3. Another trending narrative is TELEGRAM BOTS
In 2023, there was also a rise in TELEGRAM crypto trading bots
They offer users convenience and efficiency when it comes to executing trades
this narratives is still making lots of waves.
4. CHINESE TOKENS
The chinese digital assets first made waves back in 2011 when china's first crypto exchange, BTC China (BTCC), was launched.
Though they experienced setbacks in 2017, in 2023 china eliminated its zero covid policy and injected 600B yuan into its economy.
5. ARTIFICIAL INTELLIGENCE: Artificial intelligence has experienced significant growth in the past two years
AI Tokens are digital currencies designed to power AI -Based projects, such as decentralized AI market places, AI -Powered portfolio management and many more.
Certainly, these narratives in the crypto markets are interesting, particularly tokenization of Real World Assets (RWA). It reflect the ongoing innovation and development in crypto space. However, I think the most prominent narrative which keeps attracting substantial attention in social media is the significant interest of major financial institution like BlackRock in pursuing regulatory approval seek approval for the issuance of Bitcoin ETF for spot markets of crypto currencies.