VC Briefing: Why Is DeSci Leading the Crypto Market in a Single Day?

Written by: hoeem

Compiled by: Tim, PANews

I am reading this article because you want to get a VC-level study on the DeSci track, which is precisely the best-performing narrative in the crypto market recently, especially on August 7th.

Bold ideas, read on. It only takes 5 minutes to read and covers:

1. What are the hottest DeSci tokens right now?

2. Value Discovery vs Mental Share

3. Funding rate

4. Comparison of old and new tokens

5. Mental distribution of the DeSci track

6. Smart followers vs regular followers

7. KOL accounts worth paying attention to in the DeSci track

DeSci is the best-performing narrative segment today.

DeSci has only 0.2% of the minds in the entire crypto space, and yes, that's all, that little orange box in the bottom right corner.

The lack of attention is true, but that's not all, as if we dig deeper into the winners with the biggest increase in mind possession over the past week, DeSci tops the list.

So, let's dive into this narrative. I hope you've gone from knowing nothing about DeSci to gaining a deep understanding of the core relevant KOLs in this narrative and where their influence comes from. Now, here we go.

1. What are the hottest DeSci tokens right now?

• $BIO

• $CRYO

• $RIF

• $URO

• $YNE

• $RSC

In the past 24 hours, BIO has held the leading position in the sector with a trading volume of more than $400 million, while the rest of the competitors have only $1 million to $4 million. If you notice that BIO is starting to skyrocket, you may be able to tap into the potential of similar coins, but this is very risky!

2. Value discovery vs. mental share

We might as well look at Mind Share/FDV, which may reveal the deviation of certain coins compared to FDV.

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

3. Funding rate

On this list, not all tokens have funding rates, but it is evident that there are still people who are sticking to shorting despite the surge BIO has experienced. This may indicate that the token still has room to rise, and the price may rise further.

4. Comparison of old and new tokens

Whenever there is a new narrative in the market, the newly listed coins usually rise more, and this is exactly the case in the current market, so it is recommended to pay close attention to these new coins + other coins that may be listed:

5. 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 take a look at which tokens have the smartest followers.

Now we can see the ratio of smart followers to regular followers and judge whether they follow a protocol before others:

7. KOL accounts worth paying attention to on the DeSci track

Let's see who is actively involved in reviving the DeSci buzz + who are the early participants in this wave so you can stay ahead of the track narrative by following them for the latest updates on DeSci.

@zacxbt

@sjdedic

@paulkhls

@langeriuseth

@ViktorDefi

@0xSalazar

@this_investor