HTX DeepThink: On-chain funds are gradually shifting to high-beta assets, and the copycat season may be coming

PANews
PANews
BTC-2.24%
SOL-6.67%

PANews reported on May 29 that Chloe (@ChloeTalk1), a researcher at HTX Research, pointed out in this column that the activity of public chains such as Solana and Base continues to rise, and funds are gradually shifting from Bitcoin-led safe-haven assets to the high-beta altcoin market. Although the proportion of bitcoin's market capitalization is still at a high level, if it falls below 52% in the future, combined with further upward liquidity, it may officially start a new round of copycat season.

Chloe said that the tracks to watch at the moment include crypto lending and InfoFi. Among them, Maple Finance ($SYRUP) benefited from Wall Street Capital's foray into the crypto credit market, and TVL has soared from $800 million to $1.3 billion this month; InfoFi Rising Star CookieDotFun ($COOKIE) has a market capitalization of only 1/5 of Kaito, which is similarly positioned in the market, and has the potential for revaluation. IT IS WORTH MENTIONING THAT THE SYRUP/USDT SPOT TRADING AND COOKIE/USDT FUTURES TRADING HAVE BEEN LISTED ON HUOBI HTX.

Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.