Where’s the momentum in crypto? 👀

Memecoins are trailing every other sector on this chart, including Gaming. They’re still in the green, but they’re not driving this rally.

L1s have gained roughly 26%, though L2s and DeFi are performing even better. AI leads the pack at nearly 60% over the period shown, compared with around 12% for memes. 🤖

For now, the strongest moves are happening outside the memecoin crowd.