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Intern Narratives - Part 2

DATE POSTED:August 20, 2024

Messari interns continue their exploration of compelling narratives for 2024. The second of this two-part report covers Parallelized EVMs, Cult Coins, and the Decoupling of Crypto from Bitcoin. 1. Parallelized EVMs: These next-gen blockchains aim to scale EVM by processing multiple transactions simultaneously. The success of these networks could transform the smart platform landscape. 2. Cult Coins: Emerging as a more sustainable subcategory of memecoins, Cult Coins emphasize community-building and niche cultural themes. 3. Decoupling Crypto from Bitcoin: The long-term decoupling of crypto assets from Bitcoin remains a complex narrative. While diverse crypto sectors show varying levels of correlation with Bitcoin, regulatory clarity and innovative applications may eventually drive a broader market differentiation.

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