Recently, Circle is going public with an IPO; it is a well-known company that deals with USDC. This IPO is estimated to be valued at around $7.2 billion, which is definitely big news in the crypto space, indicating that stablecoins are increasingly moving towards mainstream compliance.
Just like when Coinbase went public, platform tokens surged in response. This time, the stablecoin-related sector is expected to heat up as well.
MKR is an older project that has a close partnership with USDC, serving as the backbone of Dai. The project story is clear, and its market cap is not too large, so it has significant upside potential.
ONDO is a popular project in the RWA (Real World Assets) space, and the concept is good, but it has a relatively large market cap, making it more suitable for long-term holding; it might be challenging for a short-term explosion.
ENA and CRV are both key projects in the stablecoin protocol sector, receiving high attention and being quite active.
In brief:
ENA is one of the few multi-hotspot projects right now, suitable for early positioning; MKR takes a stable route; ONDO is relatively conservative but safer; CRV surged previously and is currently adjusting, likely to increase again after a while.
So, I choose ENA and CRV.
Recently, market fluctuations have been occurring, so let's take it steady, patiently waiting for key positions, treating every operation like stalking prey; once the timing is right, strike decisively and enjoy a feast!
