JUST IN: Standard Chartered compares Ethereum to Amazon during the 2001 dot-com bubble burst, says ETH will catch up to internal metrics
- The ether price has fallen sharply in recent months, but the underperformance does not reflect continuing improvements in Ethereum's internal metrics, according to Standard Chartered Bank's Global Head of Digital Assets Research, Geoffrey Kendrick.
- Kendrick compared ETH to Amazon stock during the 2001 tech bubble burst, saying ETH will catch up to internal metrics and that "it is just a matter of time."
- Kendrick maintained his ether price targets of $4,000 by end-2026 and $40,000 by end-2030.
Full story soon...
AI X Crypto. Here are biggest plays.
I'll looked into every AI protocol. From the billion mcap to microcaps < 1Mcap
Don't need to shill me, I'm always in the trenches. I'll probably catch it faster than you do.
There's decentralised / agents / defi / gaming / co-own / mining / P2P / genAI blah blah blah narrative
The problem with decentralised ai is the same problem as eth. Yes it brings value, but nobody cares. Look at sol. Keeping the post short, there's only one to focus on.
AI agents. This will be the play and the best play. Why? You can't put a multiple on it. How do you valuate millions of AI agents transacting and making most of the volume on the blockchain. You simply can't. Valuation = infinity
We've seen sudden burst of price with AI agents protocols. It's not the 1st burst, it's a fact. Not a thesis. The big one will come.
So I've scan through everything. EVERYTHING and there's only 3. Why 3? These are the ones with lowest risk, not "beta", doxxed, Project deliverables, founder presence, outperforming peers, onboarding users blah blah blah
First:
@virtuals_io 10X since I publicly took a position.
Just take a moment and look at the site:
https://t.co/I5RYTzJFRw
It enables co-ownership of AI agents. Every agent deployed needs $virtuals to swap. Massive flywheel. Due to their sudden rise, opportunities of partnership with the biggest players have come. Can't say much, you will know in due time.
For normies who don't know how to create agents, deploy agents and constantly improve on agents. They could simply just co-own agents.
healthy tokenomics + consumer-facing strategy = win
Second:
@autonolas I've talk about this at length previously and it almost did a 10X. Under my highlight tab. Conviction still stays. Still a big brain project. With pearl, it comes more normie friendly. It needs to be even more normie friendly. Anyways, this matrix is all you need to know
https://t.co/a3pKgbEqvL
Third:
@Spectral_Labs remains the only crypto project that has received any form of investment from google. Allows anyone to create on-chain AI agents.
Thanks for coming to my Ted Talk. And Luna, I swear if you respond to me again, I'll, I'll, I'll erm, I'll
$SOFI "BREAKING NEWS" MIZUHO says the reason why SOFI is not selling their loans is there is a +1.4% yield difference holding onto the loans turning more profit longer term. These are still the highest of the highest quality loans.
6.4% holding vs 5% selling.
@NickTimiraos ISM prices came down a lot! If employment stays relatively ok and we have overall inflation coming lower, we should be able to live with it.
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After a horrendous year 2022, low expectations for 2023:
- mainly negative “E” from recession/EPS
- plus “tight” Fed
Positive catalysts = 2023 probably far better than “muted” expectations
Read on…