Finding Alpha In Crypto, Mamdani Wins & The AI Gold Rush

Finding Alpha In Crypto, Mamdani Wins & The AI Gold Rush | Weekly Roundup – Empire

Mentioned

Bullish

WU— Western Union trades at an extremely low 4x P/E ratio compared to market average of 20x, with potential for significant revaluation as stablecoin adoption could transform their business model
STABLES— Companies that adopt and utilize stablecoins will be economic winners by reducing interchange costs and improving payment efficiency
OPENAI— OpenAI is massively under-monetized with 800 million users, presenting significant upside potential as they increase revenue per user
AI— Speculative capital has migrated from crypto to AI equities, making AI the preferred venue for expressing high-risk, high-reward trades
EQUITY— Companies that can tokenize their equity and use it as a customer acquisition tool through programmatic ownership distribution will have a competitive advantage
ENERGY— Speculative money is flowing into energy and power trades, including Bitcoin miners, driven by AI's energy bottleneck narrative
GAMBLING— Gambling platforms will benefit from societal trends as people increasingly seek fast money and high-leverage opportunities

Bearish

ALTCOINS— Altcoins are the wrong venue for expressing bullish macro views and will underperform other risk assets despite favorable conditions
LAYERONE— Layer 1 blockchain tokens have valuations that don't make sense relative to their future economic earnings potential
INFRA— Crypto infrastructure is massively overvalued at $3.5 trillion market cap with only 40 million users, compared to OpenAI's potential trillion-dollar valuation with 800 million users

Not investment advice.