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09/19 10:04
Discover the Power of Thematic Investing in CryptocurrencyThe cryptocurrency market has evolved beyond the dominance of just one or two assets, as seen in this year’s shift toward thematic investing. In Q2 2024, meme coins, real-world assets (RWA), and artificial intelligence (AI) led in popularity, making up 35.7% of market share. In August, it was all about PolitiFi coins that spiked 782.4%, overtaking meme-inspired projects.Since these new asset classes gain traction, it’s no longer correct to assess the overall market health by simply tracking Bitcoin or Ethereum. Instead, investors are looking for ways to measure the performance of specific sectors, which ensures a more accurate benchmark. This trend is paving the way for multi-asset indexes to become one of the fastest-growing niches in crypto.Crypto indexes allow users to monitor different categories of digital assets and provide tailored insights into the general performance of the crypto market. They work much like traditional stock market indexes such as the S&P 500, NASDAQ, National Stock Exchange (NSE), and Nifty50, which track the performance of a group of stocks. Visit: https://www.coingabbar.com/en/crypto-blogs-details/cryptoindex-unlocking-the-future-of-crypto-investing
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