$DEFI - DeFi protocols are successfully creating permissionless finance with massive growth in stablecoins, prediction markets, and perpetuals - the original vision is working.
$PERPS - Perpetual futures are the superior financial instrument that will dominate trading, offering better liquidity aggregation and 24/7 markets compared to traditional instruments.
$ALTDATA - Alternative data and prediction markets are providing valuable real-time information and price discovery during geopolitical crises that traditional markets cannot.
$MICROTX - Agent microtransactions could finally have product-market fit with AI agents, reviving a concept that didn't work in 2017.
Bearish:
$CEFI - Centralized crypto exchanges and platforms are becoming increasingly regulated and losing their original permissionless nature.
$MEMECOIN - Meme coins represent short-term cynical trading with no long-term belief, degrading crypto culture and creating adverse selection for liquidity providers.