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- AI Agents led the past 30 days with 67% returns showing strong investor confidence in AI assets.
- Utility tokens like CEX coins thrived with 42% returns while memecoins saw a sharp decline.
- Modularity and LRT tokens fell by over 27% due to low adoption and rising competition.
Dexu AI data reveals that AI Agents topped crypto narratives in the past 30 days. The narrative delivered a 67.02% return, highlighting strong investor confidence. This performance shows continued interest in AI-related assets despite market fluctuations.
According to Dexu AI, in the past 30 days, AI Agents was the best performing narrative with a return of 67.02%, followed by CEX coins with 42.61%, while the worst performing narratives were Modularity (-30.99%), Memecoins (-28.41%), and LRT (-27.74%). https://t.co/Aysi0arWHq
— Wu Blockchain (@WuBlockchain) December 30, 2024
CEX Coins Secure Second Place
Centralized exchange (CEX) coins ranked second with 42.61% returns during the same period. Increased trading activity boosted these tokens’ performance. Strategic updates from major exchanges also contributed to their success.
Modularity-focused tokens experienced the worst performance, falling 30.99% over the month. Reduced developer activity impacted investor confidence in this narrative. This decline reflects a lack of substantial updates in the modularity sector.
Memecoins Struggle to Retain Momentum
Memecoins saw a 28.41% decline, making them one of the weakest performers. Investor sentiment shifted away from speculative assets. This trend highlights reduced enthusiasm for tokens without clear utility.
Layer 2 Rollup Technology (LRT) tokens dropped by 27.74%, continuing a downward trend. Competition from alternative scaling solutions added pressure on this category. Adoption challenges also played a role in its underperformance.
Investor Focus Shifts to Utility-Based Narratives
The strong performance of AI Agents and CEX coins signals a preference for utility-driven projects. These narratives attracted more capital due to their tangible use cases. Meanwhile, speculative and underdeveloped tokens saw decreased interest.
The data highlights a divide in market performance across narratives. AI and exchange tokens gained traction, while others struggled. This trend underscores the importance of utility and innovation in sustaining investor interest.