What a year Worst performing narratives for 2025.

- DeFAI -97%

( $GRIFFAIN, $LMT)

- Modular -92%

( $TIA, $AVAIL, $DYM)

- DeSci -91%

( $URO, $YNE, $LAKE, $CRYO, $RSC)

- AI -87%

( $LAI, $SPEC, $DEAI, $AIT, $PAAL)

- GameFi -85%

( $PRIME, $BEAM, $PORTAL)

- Low Float Tokens - 84%

( $JTO, $PRCL, $W, $ENA, $STRK, $WLD)

- LRTs -83%

( $ALT, $EIGEN, $REZ)

- Data -81%

( $ARKM, $GRT, $COOKIE)

- L2s -81%

( $MODE, $MOVE, $SCR, $BLAST, $MANTA, $TAIKO, $CORE, $METIS, $ZK, $OP, $STX)

Clearly a purge was needed

I hope 2026 is kinder to the space