When the counterfeit season comes depends on when the regulatory easing policies (such as the Clarity Act) are implemented, when monetary policies start to relax, and most importantly, when the regulatory benefits are effectively realized. If things go well, it could be in the fourth quarter of this year, otherwise, it may take until next year.
After returning from travel, I caught up on the recent status of my held counterfeits, and it seems I haven't missed much.
$ENA, following Ethereum's pullback, institutions are offloading, with nearly $30 million sold. However, USDe skyrocketed by $3.7 billion in 20 days, and ENA's treasury company is also expected to go public in the US stock market in the fourth quarter. With new buyers stepping in, offloading isn't an issue, so I will continue to hold;
HBAR, once the ETF is approved, it is expected to rise again, likely by the fourth quarter;
Pengu, the founder recently gave an interview stating that their plush toys have entered Walmart and Target, aiming to establish the fat penguin as a top IP alongside Hello Kitty and Pokemon. The plan is in place, and the connections in TradFi are genuinely good, with major collaborations expected to be announced in the fourth quarter;
Swarms Koma Moodeng rose and then fell back, very weak, I will continue to hold, with such a low market cap, waiting for interest rate cuts.
Yala, after buying, went out traveling, and upon returning, found it had fallen back to the starting point. I will sell once it rises again.
I still have high hopes for Ethereum's market; this year, Ethereum breaking its historical high is a certainty.
