SPECULATION ON NARRATIVES COMES IN WAVES

Summary from the TLDR Crypto newsletter

This post discusses the speculative waves that are associated with narrative trends, highlighting recent narratives like Friend.tech, Ordinals, and telegram trading bots. While there may be a sharp decline after an initial wave of hype, innovation-driven narratives often experience subsequent waves driven by different catalysts. Those interested in capitalizing on trends should monitor narrative developments post-initial hype to be prepared to ride a possible second wave.