Former Bloomberg Analyst: By the end of this year, the DAU of cryptocurrency will reach 20 million
Former Bloomberg analyst Jamie Coutts stated on the X platform that blockchain is ranked by the growth of daily active users (14d average) every three months. During this period, the total DAU was 12.8 million, an increase of 20%, while the average price of smart contract platforms fell by -36%. When entering the peak in March/April, prices may have been too high. However, user acquisition continues to grow without decrease, which is exactly what index assets/technology expect. The current development trajectory is that by the end of this year, cryptocurrency's DAU will reach 20 million and MAU will be about 200 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swiss Franc edges lower as US Dollar gains offset lower yield impact
Anthropic IPO application sparks chip stock rally, $2 trillion valuation triggers debate
Anthropic's IPO application sparked a rally in chip stocks such as Nvidia. The company's revenue reached $16.3 billions in the first half of the year, but it reported a net loss of $80.7 billions. Wall Street has mixed views on its $2 trillions valuation and 10% profit margin, while the decline in retail investor participation has intensified market caution.
JPMorgan Asset Management CIO: US Treasuries could return 7%-8% in the next 12 months, long-end offers more value
Over the next 12 months, the US bond market is expected to deliver a return of approximately 7% to 8%.
Japan's economy sees positive shift! Moody's: Growth and inflation show "encouraging" signs, but resilience still faces key tests
Rating agency Moody's believes that Japan's economy is showing encouraging signs of continued growth and progress towards stable inflation, but a key test will be whether this resilience can withstand future shocks.
Crypto prices
More
