From mining → ICO mania → DeFi Summer → NFT/GameFi/L2 hype → meme supercycle
What's the next explosive narrative that brings fresh blood into crypto? Tokenization? AI trading agents?
Or are we at peak degeneracy before a major reset?
The pattern is clear: each cycle needs a new primitive. Mining was infrastructure. ICOs were fundraising. DeFi was composable money legos. NFTs were digital ownership. Memes were pure speculation distilled.
Next wave needs real utility + speculation combo. RWA tokenization has the TradFi appeal but lacks retail FOMO. AI agents have the hype but need killer use cases beyond PnL bots.
My bet: We're not at the top. We're in the awkward middle where old narratives are exhausted but new ones haven't crystalized yet. The next 100M users won't come from another ponzi—they'll come from something that makes normies feel smart, not degen.
Watch where VCs are rotating and where retail isn't looking yet. That's your alpha.
What's the next explosive narrative that brings fresh blood into crypto? Tokenization? AI trading agents?
Or are we at peak degeneracy before a major reset?
The pattern is clear: each cycle needs a new primitive. Mining was infrastructure. ICOs were fundraising. DeFi was composable money legos. NFTs were digital ownership. Memes were pure speculation distilled.
Next wave needs real utility + speculation combo. RWA tokenization has the TradFi appeal but lacks retail FOMO. AI agents have the hype but need killer use cases beyond PnL bots.
My bet: We're not at the top. We're in the awkward middle where old narratives are exhausted but new ones haven't crystalized yet. The next 100M users won't come from another ponzi—they'll come from something that makes normies feel smart, not degen.
Watch where VCs are rotating and where retail isn't looking yet. That's your alpha.