#比特币创2023年3月来最佳周表现 Big pancake 8w, second pancake 2500. It’s unrealistic to keep going with big pulls; it should be crossing, but a breakout is inevitable, and it’s not going to be able to drop.
And for this current bull cycle, the new VIPs to pay attention to are things like $HYPE —these decentralized CEXs. Last year they hyped it up, so this year is going to be a bull market for decentralized CEXs.
The hype market cap is currently over $70 billion, but the actual circulating supply is over $19 billion. Weekly burns are on the order of tens of millions of dollars, and in a bull market the burns are even higher. In a bear market, the minimum is still a million dollars burned per day. Even if we go by this pace, by the time everything is fully unlocked, the total fully circulating market cap might only be about $56 billion. Combined with the project being a leader on-chain plus its position as the number-one protocol by on-chain revenue, this project is far more than that.
Also, this bull cycle is one that Trump specifically emphasized—bringing hype into the United States. Without even mentioning other factors, just the fact that it’s compliant in the U.S. could already bring in trillions of dollars of capital into the American market. In the future, even Wall Street may use hype to place orders and do market making.
The upside potential going forward is at least in the hundreds of billions, possibly into the trillion-dollar range. And if you include the inflated valuation of blockchain itself, hype might be worth a $500 billion market cap.
And for this current bull cycle, the new VIPs to pay attention to are things like $HYPE —these decentralized CEXs. Last year they hyped it up, so this year is going to be a bull market for decentralized CEXs.
The hype market cap is currently over $70 billion, but the actual circulating supply is over $19 billion. Weekly burns are on the order of tens of millions of dollars, and in a bull market the burns are even higher. In a bear market, the minimum is still a million dollars burned per day. Even if we go by this pace, by the time everything is fully unlocked, the total fully circulating market cap might only be about $56 billion. Combined with the project being a leader on-chain plus its position as the number-one protocol by on-chain revenue, this project is far more than that.
Also, this bull cycle is one that Trump specifically emphasized—bringing hype into the United States. Without even mentioning other factors, just the fact that it’s compliant in the U.S. could already bring in trillions of dollars of capital into the American market. In the future, even Wall Street may use hype to place orders and do market making.
The upside potential going forward is at least in the hundreds of billions, possibly into the trillion-dollar range. And if you include the inflated valuation of blockchain itself, hype might be worth a $500 billion market cap.