Odaily Planet Daily report: DeFi researcher Ignas published an article reviewing this year's top-performing tokens, noting that only tokens in the trading, AI, and privacy categories have outperformed Bitcoin this year:
1. Trading tokens performed most strongly, with DRV rising 665%, HYPE up 200%, PUMP up 121%, and RAY up 106%. The price increase for these tokens is driven by speculative trading, which generates fee revenue for the protocol, which in turn supports token value through buyback mechanisms.
2. In the AI token sector, VVV rose 1,431%, NEAR rose 203%, and GRASS rose 151%;
3. Among privacy coins, ZEC rose 137% and XMR rose 37%.
In addition, Ignas mentioned that QNT and MORPHO in the institutional adoption narrative rose 173% and 89%, respectively. However, apart from these categories, most tokens have performed poorly this year; identifying tokens with strong revenue-generating potential remains a relatively straightforward trading strategy at present.