Investors Have Switched From Memecoins to RWA and DeFi
The post Investors Have Switched From Memecoins to RWA and DeFi appeared on BitcoinEthereumNews.com.
Investor Interest is Shifting to RWA and DeFi According to the Web3 analytics platform Kaito AI, interest in RWA began to recover after a January low. Currently, investors are focusing on real world assets (RWA), decentralized finance (DeFi), and advanced blockchain protocols. RWA mindshare was at a 12 month low in January. Source: KaitoAI on X Market participants are increasingly paying attention to sustainable financial solutions instead of speculative memecoins.According to Kaito AI, the Berachain (BERA) and MegaETH (WETH), Initia and Monad projects are particularly popular. The growing popularity of Berachain is associated with the recent airdrop and listing on the Binance and Bitrue exchanges. The project uses a unique Proof-of-Liquidity (PoL) consensus mechanism, which is considered more efficient than the traditional Proof-of-Stake (PoS). The Bitrue crypto exchange supported the launch with special offers, including a deposit contest with prizes for depositing BERA, and the launch of the Power Piggy investment product with a yield of 10% per annum. However, after the airdrop, the price of the token decreased due to massive sales, which indicates that speculative sentiment remains in the market. New Tech Projects MegaETH, Initia and Monad are working to improve scalability, develop DeFi and improve the efficiency of blockchains. According to expert Ignas, the popularity of projects that encourage active participants is growing. MegaETH and Berachain reward users who help develop the project through testing or social media communication. “Projects encourage those who create real value. It is beneficial to participate in testing or discussions at an early stage. Note that memecoin traders did not get on the whitelists of these projects. Those who lost money on altcoins have either switched to stablecoins or have chosen projects they truly believe in,” Ignas noted. Investors are now paying more attention to studying the mechanics of protocols, yield strategies,…
Filed under: News - @ February 10, 2025 1:27 pm