The crypto landscape has evolved well beyond its OGs, with a major shift in the narrative for 2024. CoinGecko Q2 Report Investors are now turning to thematic investments: think PolitiFi cryptocurrencies, meme cryptocurrencies, RWA, AI cryptocurrencies, and DePIN cryptocurrencies. To make the most of this wave and stay ahead of the curve, check out all the must-know details on the best platforms, winning strategies, and pro tips to stay ahead.
PolitiFi Parts
The PolitiFi (political finance) coin category has been overwhelming, up 782.4% from January 1 to August 25, 2024These tokens are closely tied to political events, with their value fluctuating based on the latest political news. As interest in American politics intensifies among cryptocurrency enthusiasts, many PolitiFi tokens have emerged.
While many of them are just there for fun or satire, some like MAGA (TRUMP) are making a real splash by using transaction fees to support political projects and causes, funneling the revenue directly into the wallet of Donald Trump and associated charities.
PEOPLE is arguably one of the hottest PolitiFi cryptocurrencies right now, launched by ConstitutionDAO in 2021 with one goal: to buy an original copy of the US Constitution. In the past year alone, its value has soared by 544%. While it’s still not listed on many exchanges, Change now has stepped up its efforts in supporting PEOPLE across multiple blockchains.
Meme parts
Memes took over in Q2 2024, capturing a solid 14.3% market share. In fact, 4 of the top 15 crypto narratives were all meme-driven. Big names like PEPE, PEW, WIF, BONK, and BRETT led the charge.
When it comes to trading these original meme coins, platforms like Bitpanda and KuCoin have you covered, but larger exchange listings are still few and far between – with the exception of ChangeNOW (again), which offers a veritable meme coin extravaganza! Featuring an assortment of meme coins, from the most popular to lesser-known gems like SNEK, ChangeNOW is the ultimate playground for meme coin enthusiasts.
RWA
In 2024, Real World Asset (RWA) tokens are gaining serious traction, bringing everything from real estate and art to stocks and bonds onto the blockchain as digital tokens. Real-world asset tokenization is set to achieve massive success A $16 trillion industry by 2030, about 10% of global GDP.
Currently, there are already 157 tokens with RWA, ONDO, OM, and PENDLE generating the most interest. And if you’re curious about where to trade these gems, platforms like Nexo and CEX.IO have you covered, but ChangeNOW takes center stage with its seamless cross-chain capabilities.
AI Parts
AI tokens leverage the rock-solid security of blockchain technology and combine it with the brainpower of AI to tackle everything from fraud detection to cost reduction. Plus, they make it easier to manage data and create cool tech, all while keeping things clean and highly reliable.
Some of the hottest AI tokens, GRT, ICP, FET, TAO, and RENDER, are available on platforms like Coinbase, Kraken, Bitpanda, ChangeNOW, and Gemini, to name a few.
DePIN Parts
Some say crypto is about things you can’t see or that impact the real world, but that’s where DePIN (Decentralized Physical Infrastructure Networks) coins come in. They solve real-world problems like the internet, cloud storage, video streaming, and selling excess bandwidth. FIL, HNT, and THETA are leading the way, and you can find most DePIN coins on ChangeNOW, SwissBorg, and Crypto.com.
Capitalizing on the Top Cryptocurrency Narratives
Now that you know the hottest cryptocurrency categories, the real question is: how can you take advantage of these trends and spot the best opportunities before they explode? Well, you’ve come to the right place.
Stay agile with market sentiment
Meme and PolitiFi cryptocurrencies often ride the waves of social media buzz and political events, so it’s essential to stay tuned to the latest trends and conversations. Keeping an eye on key voices and active crypto communities on platforms like Twitter and Reddit can help you quickly spot shifts in sentiment. Since these trends can change quickly, it’s essential to be flexible and willing to adjust your strategy. And while the excitement of quick gains can be tempting, make sure you have a solid exit plan to avoid the pitfalls of chasing fleeting hype.
Understanding culture
To get the most out of categories like meme coins, RWA tokens, and DePINs, it helps to understand the culture that drives them. Meme coins, for example, often derive their value from humor and viral moments, while RWA and DePIN are rooted in solving real-world problems. The history and ethics behind these tokens can reveal why they’re trending and which ones are likely to succeed. Knowing what makes them culturally or practically relevant gives you an edge in spotting potential winners early on.
Strike while the iron is hot
As with everything in life, timing is crucial in the world of cryptocurrencies as well. Keep an eye out for key events like political announcements, technology updates, or market trends that can cause sudden price changes. For example, the value of PolitiFi coins often depends on political events like debates, elections, or major policy announcements. Monitor the calendar for these key moments and be ready to act when market interest peaks.
Watch Exchange Lists
It’s essential to keep an eye on where new tokens are listed first, especially with new categories of cryptocurrencies that aren’t yet on all exchanges. Platforms like ChangeNOW or Swissborg tend to get them first, giving you a chance to grab them before they become more widely available. Getting in early can really make a difference as demand increases and prices move, so it’s worth keeping an eye on these platforms if you’re looking for an edge, because when something new pops up, you’ll be ready to act.
Monitor regulatory movements
Regulatory changes can impact RWA and PolitiFi cryptocurrencies by potentially affecting their legal status, liquidity, and market accessibility. For example, changes in tax regulations could affect the cost of holding or trading these assets, while changes in security or fraud regulations could impact their safety and reliability. If you adapt quickly when new rules are put in place, you could unlock new investment opportunities or take advantage of special token benefits that others don’t see.
Why ChangeNOW is the go-to exchange for new and trending token categories
To conclude, new tokens and categories usually take a while to arrive on exchanges. And since timing is essential if you’re looking to profit from cryptocurrencies, you need a platform that can quickly react to trends, such as Change now.
This non-custodial, KYC-free cryptocurrency exchange service offers a fairly extensive selection of over 1,000 chips and over 1,000,000 pairs and easily integrates with other well-known platforms like Guarda Wallet and Trezor.
When using ChangeNOW, you will discover a cool feature called cross-chain swapping, which allows token swaps across multiple blockchains, such as BSC and OP, to name a few. On top of that, they offer helpful support, pretty fast transactions, with an average swap time of just 5 minutes, and a permanent exchange function for automated trading, which is very handy when you need to act quickly in a hot market.
ChangeNOW does not require registration, however, anyone can sign up for its Pro Versionwhich includes a free plan and unlocks even more perks like a special cashback program, reduced fees, crypto loans, and AML address verifications. The exchange also goes further in terms of products, including a user-friendly interface NOW WalletWeb3 development tool NOW Knotsan investment tracking tool, Follow NOWa practical business storage solution, Now in custodyand many more.
Summary
As trends like PolitiFi, meme coins, RWA, and DePIN coins start to gain traction, it’s crucial to stay ahead of the curve. They may take a while to catch on, but when they do, they could shake things up—in a big way.
ChangeNOW might be a good platform to use to spot these new trends early; they constantly update their lists to keep you up to date with the latest and greatest in the crypto world. So, if you’re looking to get in on the next big thing, ChangeNOW is the place to be.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinion of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
