$CVGT
Contract Address: B7zNKphr8fjczB71oi9uF9pCd5XSNJvBn78TVF7kpump
Current Market Value: $7.3 Million
Target Market Value: $50 Million (approximately 6.8× upside potential)
Why are we optimistic about $CVGT?
Top-tier ecosystem support
Jito: 18,235,365 SOL has been staked, approximately $320 Million (USD)
Pyth Network: Circulating Market Value $130 Million, Historical High $2 Billion
Stablecoin protocol token
$CVGT is not a stablecoin, but the protocol token for the upcoming $USV stablecoin.
Users stake JitoSOL to mint USV, and transaction fees are used for buyback + burn of $CVGT.
Value Capture Model
Assuming USV scales to 10% of JitoSOL staking volume, which is $320 M
$CVGT has about 1/6 of the profit distribution rights, corresponding to a market value of $50 M
Technical Analysis
On the daily chart, the bottom is continuously rising, and the main force is steadily building positions
Currently in a low position sideways trend, risks have been released
Investment Logic
Undervalued: $7.3 M vs. $50 M target, potential 6.8 times
Certainty: Buyback + burn from transaction fees, supply continues to decrease
Track Advantage: Stablecoins are the foundation of DeFi, and demand is strongly inelastic