Bitcoin was outperformed by tokens for staking, AI and data services.BTCEthereum (ETH( ) during recent recovery in the cryptomarket over the last seven days.
Artemis data BTC and ETH both registered gains of 4,9% and 3,4% respectively during the last week.
Staking service tokens include LDO You can also find out more about the following: RPL The weighted-average of 25,7% was achieved by a combination of 18.8%, 34.4% and a total increase in both cases. The average crypto market performance in the last week was 13.9%. This represents a nearly two-fold increase.
AI tokens are also contributing to the positive developments. They have reached a weighted-average of 23,8%.
Data service tokens like ARKM BTT GRT and BTT also grew above 20% as the weekly weighted-average growth reached 23.3%.
Other sectors which outperformed the cryptomarket average were: social (14,7%), bridges (15,9%), oracles, (16,3%), gaming, (17,7%), Bitcoin Ecosystem (18,6%), native tokens for NFT applications (19,2%), etc.
The market is underperforming
Although it dominates nearly 12% mindshare in the cryptocommunity as data Kaito AI shows that the average weighted memecoin growth was 13.4%.
The native tokens of decentralized finance applications (DeFi) dominated 15.5% in X’s Mindshare. However, they performed lower than the average market share over the last 7 days at 12.7%.
Moreover, Kaito AI highlighted Decentralized Physical Infrastructure Networks Tokens (DePINs) have become a major narrative among cryptocurrency investors, soaring by fivefold.
The sector has a weighted-average valuation of 10.4%, which is below the market average.
Blockchains of the first generation, like XRP and Bitcoin Cash, are a good example.BCH), Dash (DASHMoneroXMRThe worst performers over the last week were. They managed to increase on average by 5.9%.
Real-world assets (8.6%), DEX Native Tokens (9.9%), Centralized Exchange Tokens (9.9%) and Smart Contract Platforms’ native Assets (10.4%), all showed a slight recovery, but did not outperform market average.
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Source: cryptoslate.com