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Entering 2025, the US stock market had high hopes, specifically around a budding technology sector. However, with geopolitical uncertainty and economic fragility ruling the day, things have not gone as planned. So, with the recent decline that has affected companies like Nvidia (NVDA), is the AI chipmaker still a top 5 tech stock, according to Goldman Sachs? The company was among the most dominant in 2024, increasing in value by more than 170% before the year came to an end. Moreover, its necessity amid the growing AI industry has led many to believe that it is just the beginning. That has not saved it from massive sell-offs that have taken place this year, leaving many traders worried about the future of the company’s stock. Source: Mint Also Read: Nvidia (NVDA) Projected to Hit $1T in Revenue as Stock Looks Unstoppable Nvidia Falls Yet Again: Is It Still a Top 5 Tech Stock in 2025? Despite its incredible performance last year, Nvidia has struggled over the last two months. Early...

Memecoins have become a central part of the cryptocurrency sector. Since the launch of Dogecoin (DOGE) in December 2013, the number of meme coins created has skyrocketed. Despite the increasing number of meme coins, only a handful have entered the top 100 projects by market cap, with just DOGE and Shiba Inu (SHIB) among the top 20. Meme Cryptocurrencies to Witness a Surge? Source: Meme Games 2024 According to former Goldman Sachs analyst Murad Mahmudov, the number of meme coins in the top 100 projects by market cap will rise above 25 within this cycle. Today, only 7 Memecoins are among the Top 100 cryptocurrencies. This cycle, this number will go from 7 to 25+ — Murad (@MustStopMurad) August 11, 2024 The analyst does not delve into why he believes the number of meme coins will increase. Memecoins often witness a surge when other mainstream assets are in a slump. Last year, we saw the rise of new meme coins such as Pepe (PEPE), Bonk (BONK), etc., when Bitcoin (BTC) and Ethereum (ET...

Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting in RWAs outperforming DeFi blue chips. Real-world asset (RWA) protocols have become a hot trend within DeFi circles. A real-world asset (RWA) protocol is a decentralized application that allows entities to tokenize and trade real-world assets. These assets range from stocks and government bonds to real estate and commodities. They are also known as asset tokenization protocols. DeFi provides certain advantages over TradFi by making the smart contracts transparent and enabling a wide degree of financialization of these assets by making them divisible, transferable, and tradable on decentralized platforms. The top uncollateralized lending protocols for institutions in TrueFi and Maple increased by 26.6% and 117.8% in 2023. Centrifuge, a real-world asset tokenization platform, surged by 32% year-to-date. In comparison, the gains recorded by the DeFi pulse index (DPI) in...