Meme Coins to Altcoins with Real-World Value
The post Meme Coins to Altcoins with Real-World Value appeared on BitcoinEthereumNews.com.
Crypto analysts have observed a significant shift in investor sentiment over the past several weeks, suggesting a more knowledgeable investor base, even among the retail holders. Previously dominated by speculative meme coins, the market is now increasingly focused on high-tech altcoin projects with real-world utility and novel blockchain solutions. Investor Interest Shifts to RWA and DeFi Web3 information platform Kaito AI and insights from crypto analysts suggest that investor mindshare is increasingly shifting toward Real-World Assets (RWAs), decentralized finance (DeFi), and advanced blockchain protocols. According to Kaito AI, RWA mindshare has surged after reaching a 12-month low in January. This resurgence signals renewed interest in tokenizing real-world financial assets, which has attracted institutional players. RWA Mindshare. Source: Kaito AI on X Similarly, DeFi has regained prominence, overtaking AI tokens in market interest. The resurgence of DeFi suggests a shift towards more sustainable financial mechanisms, in contrast to the speculative nature of meme coins. Several blockchain projects have emerged as major beneficiaries of this sentiment shift. Berachain (BERA) and MegaETH (WETH) have gained traction. Kaito AI’s analysis highlights these as top mindshare gainers. However, for Berachain, social dominance or consumer awareness is likely ascribed to its recent airdrop and the subsequent listing on Binance and Bitrue. In a statement shared with BeInCrypto, Bitrue committed to supporting the developers on Berachain, a blockchain that introduces a unique Proof-of-Liquidity (PoL) consensus mechanism, believed to be superior to Proof-of-Stake (PoS). “To celebrate this milestone, Bitrue is rolling out two special events for the exchange’s users. First, Power Piggy Listing: BERA will be available in Power Piggy, Bitrue’s flexible investment product, at 10% APR starting February 6th at 14:00 UTC. Secondly, Deposit Contest: Users who deposit BERA on Bitrue can win rewards based on their deposit amounts,” Bitrue told BeInCrypto. However, despite the excitement, Berachain’s token…
Filed under: News - @ February 7, 2025 12:27 pm