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Review of strong-performing tokens this year: Only 3-category tokens outperformed BTC,AI and the privacy sector rose against the trend

PANews October 29 reported that DeFi researcher Ignas reviewed the year's strong-performing tokens, noting that since the beginning of this year, only trading,AI and privacy tokens in major categories have outperformed Bitcoin, including: 1 Among, trading tokens performed most prominently, with DRV gaining 665%,HYPE rising 200%,PUMP rising 121%,RAY rising 106%. The rationale for gains in this category is that speculative trading generates fee revenue for protocols, which then support token value through buyback mechanisms. 2、AI Regarding -category tokens,VVV rose 1431%,NEAR rose 203%,GRASS rose 151%;3 Regarding privacy tokens,ZEC rose 137%,XMR rose 37%. In addition, Ignas also mentioned QNT and MORPHO in narratives related to institutional adoption, which rose 173%and 89%, respectively. However, apart from the above categories...

Source: https://www.panewslab.com/zh/articles/01a18344-6e5f-7466-95da-d96030bebb01