UNI · 1938

Is crypto returning to secondary investment? Take stock of high-quality tokens that have been rated by Standard Chartered

Comparing the news, with Bitcoin's recent 3-day rise of 20%, investors are speeding up the pace of returning to the native crypto family. According to the data, contract trading volume on the Binance platform soared by more than 600% in 3 days, indicating that investors may be stepping up the deployment of secondary market crypto projects. Standard Chartered Bank gave several initial ratings to various crypto market targets in the second half of this year, and the pull effect was evident after most of the ratings. Along with the strengthening of the market, there is a positive feedback effect on the tokenomics of most projects, and related projects may benefit from the recovery of cryptography and increase in market capitalization. The rating items and target prices are summarized as follows: On June 16, Standard Chartered Bank's research report covered Uniswap for the first time and predicted that its UNI token could rise 40 times to $100 by the end of 2030; On June 23, Geoff Kendrick, head of digital asset research at Standard Chartered, predicted that AAVE may rise to $3,500 by the end of 2030, which is about 50 times higher than the level of about $70 when the research report was published. On July 1, Standard Chartered Bank rated Morpho for the first time, and the project's token price is expected to rise 33 times to $60 by the end of 2030; On August 10, Standard Chartered Bank's research report covered Chainlink for the first time and predicted that its LINK token could rise 25 times to $200 by the end of 2030 from around $8 currently. It is worth pointing out that yesterday, Standard Chartered Bank analyst Geoff Kendrick said that Bitcoin may rise to $100,000 by the end of 2026, and its current key technical level is $65,500. If it breaks through this level, it may confirm that a low point in the current cycle has occurred. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

1d agoburnking

Don't bet 100 times more, just look for “cash bulls”: What other projects are worth investing in in a bear market?

Source: Odailey Planet Daily Author: Asher Original title: Don't guess 100 times the coin, only bet on “cash cow”: What other projects in the bear market are worth investing in? The bear market only buys the most profitable items on each track, and the bull market then goes after short-term hot spots. Core point of view: In the context of the downturn in the crypto market, this article has selected four issued projects, Pump.fun, Hyperliquid, Uniswap, and Chainlink. They have shown profitability through a bear market with stable agreement revenue, providing a more realistic reference target for long-term investment. Key elements: 1.pump.fun's revenue in the past 30 days was 41.53 million US dollars, with a cumulative total of about 256 million US dollars in the first 7 months. The revenue depends on the popularity of Meme transactions on the Solana chain, but the average monthly cash flow capacity of tens of millions of dollars is outstanding. 2. Hyperliquid's cumulative revenue for the first 7 months was about US$352 million, surpassing Pump.fun. In June, it reached a new high of 60 million US dollars during the year. The revenue mainly comes from perpetual contracts and spot transaction fees. 3. Hyperliquid uses approximately 99% of the agreement fee to repurchase and destroy HYPE tokens, forming a simple investment logic of “profitable and continuous repurchase”. 4. Uniswap has earned 5.6 million US dollars in the past 30 days. It is the most profitable DEX. It accumulated about US$28.4 million in the first 7 months, benefiting from the official opening of the agreement fee after the implementation of the Unification proposal and its use for UNi's destruction. 5. Chainlink's revenue in the past 30 days was 4.57 million US dollars. The monthly revenue was stable in the range of 4.4 million to 5.8 million US dollars. The revenue came from service fees such as oracles and cross-chain services, and the cumulative transaction value facilitated reached 32.18 trillion US dollars. Since this year, the crypto market has continued to be sluggish. There aren't no hot spots on the chain; every once in a while, there are a few burgeoning memes, but these quotes often focus on new coins that have just been issued and hardly give the market time to fully study. Once the story ebbed down, prices quickly dropped back down. Most players who got on the bus halfway ended up losing money and making little money. Since blindly guessing the next 100 times the coin makes little sense. A more realistic investment logic is: if you are preparing to invest slowly in a bear market and wait for the next round of the bull market to return, what other projects are worth buying now? Compared to simply reading the story, a more direct screening criterion is whether the project itself still makes money or not. If a platform can still earn millions or even tens of millions of dollars in revenue every month in the crypto bear market, it at least indicates that users and demand are still there, and the project also has a stronger ability to cross the cycle. This type of platform token won't necessarily be the altcoin with the most exaggerated rise in the next round of the bull market. So, since this year, what other coin issuing projects have continued to make money? (The revenue data for the project in this article comes from Tokenomist and DeFilLama. The revenue caliber is uniformly adopted, that is, the actual revenue of the agreement after deducting distribution to supply-side participants such as LPs.) Pump.fun: The “shovel seller” on the meme circuit earns money from round after round of coin issuance boom. Apart from the two major stablecoin issuers Tether and Circle, Pump.fun is one of the most profitable crypto native projects in the past 30 days, with a revenue of 41.53 million US dollars. Looking at monthly data, Pump.fun's revenue from January to July was 51 million US dollars, 40 million US dollars, 38.1 million US dollars, 32.4 million US dollars, 32.4 million US dollars, 34.4 million US dollars, 26.6 million US dollars, and 33.7 million US dollars, respectively, with cumulative revenue of about 256 million US dollars for the first 7 months. Pump.fun's revenue peak was high at the beginning of the year, then the overall decline was evident in April and June, and there was some recovery in May and July. The core of Pump.fun's revenue comes from continuous trading of SGD on the platform. Currently, users are free to create tokens themselves, but trading during the Bonding Curve phase requires transaction fees. According to Pump.fun's latest rate, Bonding Curve's total fee rate is 1.25% per transaction, of which 0.95% goes to the agreement and 0.30% is distributed to token creators. Additionally, when tokens graduate from Pump.fun and enter PumpSwap, a graduation fee of 0.015 SOL will be charged. Pump.fun's revenue still depends on Solana's on-chain meme activity. When the on-chain market is lukewarm, revenue drops significantly, and recovers quickly when popularity picks up. But from the perspective of a bear market, it can be at 7...

4d agoOdaily星球日报#DeFi #MEME #invests

Data: The withdrawal volume of the UNI giant whale on Binance hit a five-year high, and large investors are at a low point

Comparing news, CryptoQuant analyst Darkfost wrote that although Uniswap's native token UNI fell more than 93% from its 2021 high of $43 to about $3, giant whales have accumulated their strongest strength in five years. According to the data, the top 10 largest UNI outflows on Binance, averaged 7,300 UNI per day, a five-year high; the current average is still high, and the trading group is still accumulating 5,600 UNI every day. Darkfost notes that despite the overall difficult environment for altcoins, some coins are still attracting attention, especially those that have been actively accumulated by giant whales. UNI's accumulation strength reached an all-time peak during the current decline, indicating that large investors are at a time of decline.

6d ago

Monetalis is suspected to have sold 3.72 million UNI and bought 171,500 HYPE instead

Comparative news, according to Lookonchain monitoring, the fund Monetalis-related wallets are suspected to have carried out asset rotation operations. Monetalis-related wallets sold around 3.72 million UNI worth around $13 million through Cumberland, then bought 1715.43 million HYPE units worth approximately $9.56 million. It is currently impossible to confirm whether the transaction represents an official adjustment of the fund's position, but on-chain data shows that its capital flow has moved from UNI to HYPE.

7d ago

Tokenized stocks generally fall as SEC delays innovation exemptions

Comparing news, the SEC postponed the “Innovation Exemption” program for tokenized securities and cancelled the crypto rules meeting. Concept stocks such as Bullish and Coinbase and UNI tokens declined in response.

8d ago

Monetalis linked wallets transferred 3.72 million UNI to the exchange within 24 hours, worth approximately $13 million

According to Lookonchain monitoring, wallet addresses linked to Monetalis have transferred 3.72 million UNI to various crypto exchanges over the past 24 hours through Cumberland, worth around $13 million. The transfer involved multiple trading platforms including Binance, Coinbase, Bybit, and OKX. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

8d agoburnking

Cumberland transferred 3.72 million UNI to CEX in nearly 23 hours, or about $12.63 million

In comparison, according to on-chain analyst Ember Monitoring, in the past 23 hours, about 3.72 million UNI (worth about US$12.63 million) were transferred to trading platforms such as Binance, Coinbase, OKX, and Bybit through market maker Cumberland. In the same period, the price of UNI fell from $3.59 to $3.22, or about 10%. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

8d agoburnking

Standard Chartered says UNI's $100 target may be too low, and agreement fees are being destroyed faster than expected

Comparatively, according to The Defiant, Geoff Kendrick, head of global digital asset research at Standard Chartered Bank, said that its previously set UNI target of $100 by the end of 2030 may be too low. Kendrick pointed out that Uniswap's agreement fees on the Robinhood Chain were being destroyed faster than previously anticipated. According to the data, between July 27 and August 12, the Uniswap agreement had an average daily revenue of about US$244,000, annualized about US$89.1 million, all of which was used to buy back and destroy UNI. At the current price of approximately $3.53, the annualized amount destroyed accounts for about 4% of the circulation (6242 million pieces). Kendrick called this destruction rate “clearly unsustainable,” and even at its target price of $6.5 at the end of 2026, the annualized destruction rate is still 2.2%, which is difficult to maintain in the long run, and has yet to count for more Robinhood-like collaborations. The total revenue of the Uniswap protocol in the last 7 days was approximately US$1.55 million, of which Robinhood Chain contributed about US$925,000, accounting for about 60%. Uniswap has deployed v2, v3, v4, and UniswapX on the chain and has become the main public AMM.

9d ago

Data: Uniswap destroyed approximately $28.4 million in cumulative repurchases this year

In comparison, according to Castle Labs statistics, Uniswap has repurchased and destroyed approximately $28.4 million of UNI through a fee mechanism since this year, most of which comes from Ethereum. Since the inception of the fee switch, the expenses generated by Robinhood Chain have increased significantly, contributing approximately $2.26 million to UNI repurchases. Since late July, the Robinhood Chain has contributed about 50% or more of the daily amount of UNI destroyed on most days, and close to 70% on some days. This article is sponsored by GENG, Build Your Fortune on GENG (https://geng.one)

9d agoburnking

Hash Global: Bitcoin bear market may be nearing its end

Source: X Author: Jessica Feng (Hash Global BNB Fund Investment Manager), Henry Yang (Hash Global Investment Partner) Original title: Hash Global: Bitcoin hasn't risen yet, why are we starting to think the bear market might be over? Abstract: Bitcoin has been trading sideways between $62,000 and $65,000 for nearly two months, but on-chain chips have been reshuffled: more than 2.4 million BTC has been deposited in the $610,000 to $65,000 range. Concentration is rare, and a new bottom is being formed. Similar chip structures in history have predicted subsequent market trends. Changes in kinetic energy take precedence over price. Now is the time to enter the next round of cycle layout. Over the past six months, the popularity of AI has absorbed almost all of the market's attention, and even Crypto's last belief, Bitcoin, has been drastically shaken. Since falling below $70,000 in February, BTC has stepped back into the $58,000-$60,000 range three times. Strategy, an old player in the industry, began selling coins, and mining companies turned to AI. The prospects for the industry were bleak, and it also made the fears real time by time. While US stocks continued to rise and gold bottomed out, Crypto seemed to be forgotten by the world: BTC had been trading sideways between $62,000 and $65,000 for almost two months, and the 30-day implied volatility dropped to 36%, setting a multi-year low. The lack of vitality makes it difficult for the public to be optimistic about the market. But what we've been paying more attention to recently is “change” and “perspective,” that is, behind the price, the changes that are taking place in the market. The forces that weighed down the market in the early stages are weakening one by one: macro-austerity expectations have cooled down, the strategic lightning crisis has abated, and the outflow of institutional capital has stopped. Meanwhile, Bitcoin's on-chain chips are gathering again in the midst of consolidation. Everything seems to indicate that an inflection point is approaching, but these changes are not yet reflected in prices, as the market is waiting for more clear signals. Outside the market, AI transactions are cooling down, and a new round of capital switching is about to begin; in the market, the old OGs are still waiting for the last drop and slow to take action — the calm and quiet surface at the moment has just opened up the best angle and timing for us to enter. It is difficult to predict when the market will start, but what is certain is that we are entering the time window for the next round of layout. 1. Under the impression that the price has not changed, the chip structure has been reshuffled. The new bottom is forming a new bottom where BTC has tested the $60,000 mark three times, and has been clearly accepted each time. The price then rebounded to around $65,000, upward selling pressure reappeared, and the market fluctuated repeatedly between $63,000 and $65,000. On the face of it, the price has hardly changed, but on-chain chips have quietly completed a round of redistribution. Currently, more than 2.4 million BTC has been deposited in the $610,000 to $65,000 range, accounting for about 12% of the circulating supply; of these, around $63,000 alone, more than 1 million BTC has been collected, accounting for about 5.2% of the circulating supply. The concentration of chips has risen to a historically rare level. This change is more worthy of attention than short-term ups and downs. The bottom did not appear suddenly, but was “bought” by the market in repeated tug-of-war: some people left the market, others took over; old chips were constantly replaced, and new capital re-established the cost base at a lower position. As more BTC is concentrated in similar price ranges, a new price consensus has also been established. As a result, changes in kinetic energy often precede prices. Looking back at history, from May to November 2024, BTC also experienced a half-year adjustment after the ETF market. Before pulling from $60,000 to $100,000, the chain also had a highly concentrated structure around $50,000 to $60,000. In hindsight, the bottom of the construction at the time was a springboard for the subsequent launch of the market. History won't simply be repeated, but a similar chip structure indicates that the market is experiencing a round of similar bottom changes. 2. Directional choices are coming. The forces suppressing the market are being disrupted, and the concentration of chips represents an intensification of the game. The market is about to make a choice, but this is not enough to indicate the direction. What really tilts the balance upward is that several forces that previously drove the market decline are weakening. 1. Macro pressure is falling, and the risk of interest rate hikes has been reduced. The most important driving factor behind this round of adjustments is market concerns about higher interest rates. The geopolitical conflict boosted inflation expectations, the Federal Reserve sent hawkish signals, US bond yields and the US dollar strengthened, and risk assets naturally came under pressure. Recently, however, this logic of pricing high interest rates has begun to loosen. US CPI fell 0 month-on-month in June...

9d ago22#Bitcoin