Crypto bull-market narrative summaries by year:


2017 ICO
2019 IEO
2020-2021 DeFi
2023 brc20 inscriptions
2024 Runes
2025 Pumpfun on- and off-platform order books
2026 Robinhood new-chain ecosystem ?
Next time, the wealth narrative will probably still revolve around innovation in asset issuance methods—fair enough for retail investors, with a large enough space for narrative imagination.
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