VC Briefing: How DeSci Led the Rise in the Crypto Market in One Day?

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, and this is precisely the narrative that has performed best in the crypto market recently, especially on August 7.

A bold idea, please continue reading. It only takes 5 minutes to read, covering the following content:

What are the most popular DeSci tokens currently?

Value Discovery vs Mental Share

Funding Rate

Comparison of New and Old Tokens

Mind Distribution in the DeSci Track

Smart Followers vs Ordinary Followers

KOL accounts in the DeSci track worth paying attention to

DeSci is the best-performing narrative sector today.

DeSci only accounts for 0.2% of the mental share in the entire crypto space, yes, that's it, just that little orange box in the bottom right corner.

The fact that attention is low is true, but this is not the whole picture, because if we take a closer look at the biggest winners in mind share over the past week, we will find that DeSci ranks at the top.

So, let's dive deep into this narrative. I hope you can go from knowing nothing about DeSci to a deep understanding of the core relevant KOLs in this narrative and the sources of their influence. Now, let's begin.

1. What are the most popular DeSci tokens currently?

$BIO

$CRYO

$RIF

$URO

$YNE

$RSC

In the past 24 hours, BIO has maintained its leading position in the sector with a trading volume exceeding 400 million USD, while other competing tokens have only seen trading volumes of 1 to 4 million USD. If you notice that BIO starts to surge, it may be worth exploring tokens in the same category that have potential for a rebound, but this carries high risks!

2. Value Discovery vs Mind Share

Let's take a look at the mental share / FDV, which may help us discover certain cryptocurrencies that deviate from the mental share compared to FDV.

Compared to their FDV, the following small-cap projects have great potential:

3. Funding Rate

Not all tokens on this list have funding rates, but it is clear that despite BIO experiencing a surge, some people still insist on shorting it. This may indicate that the token still has room for growth, and the price could rise further.

4. Comparison of New and Old Tokens

Whenever a new narrative emerges in the market, the newly launched coins typically experience larger gains, and the current market situation is exactly like this. Therefore, it is recommended to closely monitor these new coins + other coins that may be listed:

5. The Mental Distribution of the DeSci Track

$BIO-50%

$CRYO-21.43%

$LAKE-21.43%

$URO-7.14%

6. Smart Followers vs Regular Followers

Let's see which tokens have the smartest followers.

Now we can see the ratio of smart followers to regular followers and determine whether they were ahead of others in paying attention to a certain protocol:

7. KOL accounts worth noting in the DeSci track

Let's see who is actively participating in revitalizing the DeSci topic + who are the early participants in this trend, so you can follow them to get the latest updates on DeSci and stay ahead in the narrative of the track.

@zacxbt

@sjdedic

@paulkhls

@langeriuseth

@ViktorDefi

@0xSalazar

@this_investor