lots of changing narratives in crypto compared to a few months back it's incredibly important to track them - because opportunities are made within narratives. if you caught the prediction markets meta early, or x402, you probably caught asymmetric upside. @KaitoAI's narrative mindshare helps you to track the changing narratives so what has changed recently? - new narratives like x402, FHE, and robotics are emerging - evergreen ones like DeFi will always be around (same theme, new primitives) - compared to start of the year, memecoins have cooled off - it's now being replaced by functional launchpads like pumpfun that has actual business model and fundamentals - RWAs mindshare is climbing and if you zoom out - AI narrative comes back almost every year in a different form - last year it was the agentic meta (ai agents, speculative agents, trading agents) - and this year, it's re-emerging as x402-style micropayments - but underlying it is the same / similar foundation increasingly, i think there are two frameworks for tokens in crypto - pure narrative/ speculative plays - driven purely by attention and how hot a narrative is, but these will rotate pretty quickly - and then a focus on real businesses/ revenue-generating protocols with a focus of capturing users, volume, fees - and some protocols that have an overlap of both