Let's look into the performance of SocialFi coins 🤔
During the last 2 years, SocialFi coins such as THETA, STEEM and ACS have not performed well.
I didn't expect that SocialFi coins would perform poorly.
As I previously described this table, other themes such as BRC-20, RWA coins and meme coins have performed well, unlikely SocialFi coins and ZK(Zero Knowledge) coins.
Honestly, I kind of regret that I’ve been focusing on only on-chain data, cycle theory, and SocialFi coins so far 🥲 I should have tried to use other theme coins 😓 Lesson learned 📖
Anyways, I think this cycle has not done yet, and the next 3rd altseason is still progressing.
I hope the top 3 themes will lead the next 3rd altseason well 🙏
Hey @happycapital! Thanks for sharing your insights into the SocialFi market – it's a topic many of us are watching closely. Your honest reflection on the performance of SocialFi coins compared to other trending themes like BRC-20 and meme coins is super relatable.
It's great that you're using data and cycles to inform your decisions, and even better that you're learning and adapting your strategy. Your post serves as a valuable reminder that the crypto space is ever-evolving, and diversification is key.
I agree, the altseason may still have more to give! What other themes are you looking into now besides SocialFi? I'd love to hear your thoughts and maybe learn a thing or two! Keep sharing your journey – it's content like this that makes Steemit such a great platform.