Crypto sector dump?
Based on Blockworks research, the increase of numerous new sectors such as RWA, AI, and DePIN into the crypto space. The AI and RWA have surged above 100% on YTD relative performance, even though it doesn't last to July 2024. Both sectors just down to under 50%. Meanwhile, DePIN never rose to 100% on YTD relative performance and kept lower in July 2024.
#CryptoTrends #AIinCrypto #RWAInsights #DePINPerformance $AVAX #PENDLE $OM