Trader Eugene: The Cryptocurrency Reserve Frenzy is the final opportunity of a large-scale altcoin bull market, currently nearing the peak but not yet over
BlockBeats News, August 4th, trader Eugene Ng Ah Sio posted in his personal channel expressing cautious optimism towards the DAT "Decentralized Asset Trusts" craze. He believes that this craze is nearing its peak but has not ended yet, presenting a possible final opportunity for meme coins to enjoy a large-scale bull market with the help of global capital.
It is now evident that most capital either cannot or is unwilling to cross the cryptocurrency divide through direct token purchases. The current DAT is a suboptimal (but similar) replica of meme coin ETFs. We have not truly seen DAT drive significant capital inflows into any meme coin yet, but I believe that given the traditional finance's enthusiasm for Ethereum, this possibility is quite high. In theory, these inflows should outshine the performance of other crypto-native projects, but the market has not yet fully appreciated this. While I think DAT may be nearing its peak, the craziest event is yet to unfold.
You may also like

Oil prices are approaching a critical point. What will happen in mid-April?

The oil price is approaching a critical point, what will happen in mid-April?

Mechanism drives value, deflation leads the future: MIAU will officially launch on PancakeSwap on April 13

Zhou Hang, the founder of Yidao Yongche: Cryptocurrency has finally arrived at its time to shine

Who else cannot be distilled into skill?

Who else cannot be distilled into skill?

The huge shock in the South Korean cryptocurrency market: How should traders view it?

From "Kimchi Premium" to Bithumb's Rectification: An Interpretation of the Current Situation in the South Korean Crypto Market

How to Automate Your Workflow with AI (No Code Required)

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Is it still worth buying Circle on the callback?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

Further Oracle Integration Reveals Polymarket's Ambitions

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026
What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?
What is Auto Earn in crypto? Compare Kraken, OKX, Bybit, Binance, and WEEX Auto Earn features in 2026 and see which platforms provide additional promotional rewards beyond standard yield mechanisms.
