Written by: hoeem
Compiled by: Tim, PANews
You are reading this article because you want to obtain a venture capital-level research on the DeSci track, which has been the best-performing narrative in the crypto market, especially on August 7th.
A bold idea, please continue reading. It takes only 5 minutes to read, covering:
What are the hottest DeSci tokens currently?
Value discovery vs. mind share
Funding rates
Comparison of new and old tokens
Mind distribution of the DeSci track
Smart followers vs. ordinary followers
KOL accounts worth paying attention to in the DeSci track
DeSci is the best-performing narrative section today.
DeSci's mind share in the entire crypto field is only 0.2%, yes, just that, the small orange box in the bottom right corner.
Low attention is a fact, but that's not all. If we look deeply at the biggest winners of mind share increase in the past week, DeSci is at the top.
So, let's delve into this narrative. I hope you can go from knowing nothing about DeSci to deeply understanding the core KOLs in this narrative and the source of their influence. Now, let's begin.
1. What are the current hottest DeSci tokens?
$BIO
$CRYO
$RIF
$URO
$YNE
$RSC
In the past 24 hours, BIO has firmly held the top position in this sector with a trading volume of over $400 million, while other competitors' trading volumes are only between $1 million and $4 million. If you notice BIO starting to surge, you might explore tokens with potential for catch-up in the same category, but the risk is high!
2. Value Discovery vs. Mind Share
Let's look at mind share/FDV, which might help us discover some tokens' mind share deviation compared to their FDV.
Compared to their FDV, the following small-cap projects have enormous potential:
3. Funding Rates
Not all tokens on this list have funding rates, but it's clearly visible that despite BIO's surge, some people are still short. This might suggest that the token still has room to rise, and the price may be further pulled up.
4. Comparison of New and Old Tokens
Whenever a new narrative emerges in the market, newly listed tokens usually have larger gains, and the current situation is exactly like this. Therefore, it is recommended to closely watch these new tokens + other potential listings:
5. Mind Distribution of the DeSci Track
$BIO-50%
$CRYO-21.43%
$LAKE-21.43%
$URO-7.14%
6. Smart Followers vs. Ordinary Followers
Let's see which tokens have the smartest followers.
Now we can see the ratio of smart followers to ordinary followers and judge whether they noticed a protocol earlier than others:
7. KOL Accounts Worth Watching in the DeSci Track
Let's see who is actively participating in reviving the DeSci topic's heat + who are the early participants in this trend, so you can follow them to get the latest DeSci updates and stay ahead in the track's narrative.
@zacxbt
@sjdedic
@paulkhls
@langeriuseth
@ViktorDefi
@0xSalazar
@this_investor
