大饼俠

Original title: Monthly Outlook: Dethroning the Dollar

Original author: David Duong, CFA - Global Head of Research

Original translation by: Daisy, ChainCatcher

Editor's Note: This article is based on the latest monthly outlook research report released by Coinbase. The report indicates that as the U.S. 'twin deficits' continue to expand and trade protectionism intensifies, market confidence in the dollar is continuously weakening, and a large-scale restructuring of asset portfolios may be on the horizon globally. In this context, Bitcoin, due to its sovereign neutrality and lack of capital controls, is increasingly being regarded by more and more countries as a potential supranational reserve asset. According to the report's conservative estimates, if the global reserve system gradually incorporates Bitcoin, its total market value is expected to increase by about $1.2 trillion. The following content is a compilation and translation of the report's key points.

Wo 🌱 [MapleStory]
The studio is out of it again
Check how many shorts there are 😭

NXPC launched explosively, soaring from $0.1 to $3.8674, with an increase of nearly 3800% and a trading volume of 2.0234 billion, turnover rate of 19.66%!

Reasons for the surge:
Strong IP support: NXPC is a MapleStory metaverse project backed by Nexon, a South Korean gaming giant. The IP itself has a large fan base and has accumulated significant attention before its launch.

Airdrops and marketing drive: The project team triggers FOMO through airdrop activities and community events, attracting new funds to enter quickly.

My opinion:
The surge of NXPC is mainly due to the combined effects of IP appeal, exchange traffic, and market sentiment, but the excessive rise also exposes risks. Although the trading volume is large, the high turnover rate indicates unstable chips, dominated by short-term speculative funds. Technical indicators may have been overbought, posing significant risks for chasing the highs.