Despite dipping by approximately 25% from its January high, Bitcoin, the largest cryptocurrency by market capitalization, still outperformed all other major altcoins in the first quarter. However, it trailed behind real-world assets like equities and gold, according to Kaiko Research’s latest quarterly report . Bitcoin outperformed most crypto assets by 12%, but the categories in which it outperformed the most were artificial intelligence (AI) tokens and meme coins, likely due to the decline in meme coin interest due to several scams early this year. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io