Arthur Hayes’s family office issues bullish calls on CARDS, setting a target price of $4, and expresses optimism about the explosive growth of on-chain tokenized Pokémon cards.
3 hours ago
Arthur Hayes’ family office Maelstrom has released a deep research report on Collector Crypt, a Solana ecosystem-based physical card trading platform, setting a target price of $4 for its CARDS token by the end of summer. According to GMGN data, CARDS is currently priced at $0.272, with a market capitalization of approximately $550 million. The on-chain tokenized Pokemon card market has seen explosive growth in recent months: gacha sales of the top seven platforms hit $230 million in May, up over 10x from $32 million in the same period last year. The core driver is the gacha mechanism: users spend funds to obtain random card-back NFTs, simulating the physical pack-opening experience while providing instant liquidity. Collector Crypt founder Tuom Holmberg previously revealed that gacha contributes 90% to 95% of the company’s business, and the platform has accumulated over $1 billion in total sales in 18 months since launch. Last year, the global physical card market reached $15.8 billion, and is projected to expand to $23.5 billion by 2030. Despite the fading of the crypto NFT boom, tokenization technology is reemerging as a key infrastructure for the card speculation market.
Klue security incident impacts LastPass, resulting in the leak of CRM data including customers’ phone numbers and addresses.
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AI-driven Web3 infrastructure project aitraceroot secures approximately $3.5 million in funding.
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SOL falls below $70, down 1.56% in 24 hours.
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