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The Next Big Thing? Why Investors Are Bullish on Memecoins, AI, & RWAs

Release: 2024/04/06 17:45 Reading: 230

Original author:Coin Edition

Original source:https://coinmarketcap.com/community/articles/66111721a11df979acc3f066

The Next Big Thing? Why Investors Are Bullish on Memecoins, AI, & RWAs

  • A strong community is a reason memecoins like WIF and FLOKI might continue to perform well.
  • Increasing development within the AI space has made participants bullish on FET, and others.
  • TradFi’s involvement in the tokenization of assets has validated the bullish thesis for RWA tokens.

Many narratives have gained the attention of market participants this cycle. But not all of them have stayed relevant for a long period. However, there are three that have remained on the lips of investors and traders alike which are meme coins, AI, and Real World Assets (RWAs).

But these sectors did not just pop out as there are reasons investors are bullish on them. In this piece, Coin Edition explains why all three may outperform other sectors and why participants have stuck their guts with them.

Memecoins

For memecoins, the strength of the community is one reason investors have kept them close. In 2021, a strong and loyal community helped Dogecoin (DOGE) and Shiba Inu (SHIB) hit mind-blowing heights.

In this cycle, the community of a meme coin like dogwifhat (WIF) ensures that the price produces incredible gains. According to CoinMarketCap, the total market cap of me…

The post The Next Big Thing? Why Investors Are Bullish on Memecoins, AI, & RWAs appeared first on Coin Edition.

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