HTX DeepThink: On-chain funds gradually shift to high-Beta assets, and the alt season may be coming

PANews reported on May 29 that HTX Research researcher Chloe (@ChloeTalk1) 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 safe-haven assets dominated by Bitcoin to the high-Beta altcoin market. Although Bitcoin's market capitalization is still high, if it falls below 52% in the future, combined with further upward liquidity, it may officially start a new round of altcoin season.

Chloe said that the tracks worth paying attention to at present include crypto lending and InfoFi. Among them, Maple Finance ($SYRUP) has benefited from Wall Street capital entering the crypto credit market, and its TVL has soared from $800 million to $1.3 billion this month; and the InfoFi rising star CookieDotFun ($COOKIE) has a market value of only 1/5 of Kaito, which has a similar market positioning, and has the potential for revaluation. It is worth mentioning that SYRUP/USDT spot trading and COOKIE/USDT contract trading have been launched on Huobi HTX.

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Author: PA一线

This content is for market information only and is not investment advice.

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