BTC $80,078.13 -1.49%
ETH $2,321.65 -1.68%
BNB $738.98 -2.73%
XRP $1.29 -2.63%
SOL $100.46 -2.21%
TRX $0.3313 -0.11%
DOGE $0.0785 -1.86%
ADA $0.2008 -2.74%
BCH $280.24 -5.88%
LINK $11.59 -1.37%
HYPE $86.34 +5.94%
AAVE $133.13 -1.03%
SUI $0.9228 -1.79%
XLM $0.1700 -0.78%
ZEC $1,262.43 -3.09%
AAPL $348.59 +0.82%
AMZN $252.21 -0.67%
GOOGL $290.14 -10.90%
MSFT $538.03 +1.40%
META $619.45 -0.44%
NVDA $214.57 -2.39%
TSLA $403.67 -1.59%
SNDK $1,371.21 +0.06%
INTC $92.56 -3.12%
SPCX $143.43 -4.08%
MU $958.13 -0.90%
AMD $565.99 -0.77%
BTC $80,078.13 -1.49%
ETH $2,321.65 -1.68%
BNB $738.98 -2.73%
XRP $1.29 -2.63%
SOL $100.46 -2.21%
TRX $0.3313 -0.11%
DOGE $0.0785 -1.86%
ADA $0.2008 -2.74%
BCH $280.24 -5.88%
LINK $11.59 -1.37%
HYPE $86.34 +5.94%
AAVE $133.13 -1.03%
SUI $0.9228 -1.79%
XLM $0.1700 -0.78%
ZEC $1,262.43 -3.09%
AAPL $348.59 +0.82%
AMZN $252.21 -0.67%
GOOGL $290.14 -10.90%
MSFT $538.03 +1.40%
META $619.45 -0.44%
NVDA $214.57 -2.39%
TSLA $403.67 -1.59%
SNDK $1,371.21 +0.06%
INTC $92.56 -3.12%
SPCX $143.43 -4.08%
MU $958.13 -0.90%
AMD $565.99 -0.77%

rise

All
Article
Flash

Bonk Guy: Market sentiment is low but may give rise to opportunities, on-chain market conditions are expected to improve

Well-known trader Bonk Guy posted that although the current crypto community generally believes that the on-chain trading environment has fallen to historical lows, approximately six new tokens have reached a market capitalization of over 100 million to 300 million dollars in the past four months, and dozens of new tokens have completely diluted valuations (FDV) exceeding 10 million dollars.Among them, tokens such as PONS, ANSEM, CASHCAT, AI, and STONK have all reached FDVs of at least 300 million dollars. Despite the deterioration in market structure, there are still tokens that occasionally experience significant price increases. Compared to the period before the emergence of Robinhood Chain, and the sluggish period after the issuance of the TRUMP token last year, and before the initial rise of BonkFun, the current market is far from reaching its historical worst levels.Although the current market environment is not as bullish as it was a few months ago, it does not mean that on-chain trading opportunities have disappeared. As market sentiment is dominated by pessimistic views, it is expected that the market may soon warm up, with the recovery speed potentially faster than most people's expectations. It is recommended to pay attention to tokens that performed well in the last round of market trends and have high confidence, and consider gradually positioning during pullbacks. Historical experience indicates that some tokens may not only return to previous highs in the next round of increases but may also rise further, and the biggest opportunities in the market often appear before mainstream sentiment shifts.

first_img RBC: The price of HBM may rise nearly double by 2027

RBC Capital Markets released a research report stating that the demand for artificial intelligence continues to exceed supply, and the rise in high bandwidth memory (HBM) prices is expected to support the overall average selling price of DRAM. Memory chip manufacturer SK Hynix will continue to benefit from the memory chip upcycle. The report indicates that HBM prices could rise by 80% to 100% by 2027. RBC believes that the DRAM upcycle, which has already lasted for 14 quarters, will continue for another five quarters, with supply tightness expected to persist until 2027.RBC expects SK Hynix's third-quarter performance to slightly exceed market consensus, with revenue projected to reach 101.2 trillion Korean won and adjusted earnings per American Depositary Share to be 8,917 won (approximately $6.72). The DRAM contract price is expected to increase by 20% quarter-on-quarter in the third quarter, with a potential further increase of 15% in the fourth quarter. RBC reiterated its "Outperform" rating with a target price of $200, about 40% higher than the latest closing price. In the U.S. stock market, SK Hynix's stock price surged over 4% on Monday, closing at $142.62.Nomura Securities recently stated that the shortage of memory chips will continue until 2028, maintaining "Buy" ratings for Samsung Electronics and SK Hynix, with target prices of 670,000 won and 4.7 million won, respectively. KB Securities in Korea stated on Monday that the price-to-earnings ratios of both companies have dropped to about 3 times. This Wednesday, SK Hynix will release its third-quarter financial report, and according to a FnGuide survey, analysts expect revenue of 98.2 trillion won and operating profit of 77 trillion won. According to media reports, the company is considering distributing a special dividend of about 16 trillion won.
app_icon
ChainCatcher Building the Web3 world with innovations.