The State Of Crypto Derivatives With Shiliang Tang and Josh Lim

The State Of Crypto Derivatives With Shiliang Tang and Josh Lim – Empire

Market views

Bullish

PUMP— Bullish on the upcoming PUMP token ICO, with plans to participate due to its potential in the market.
DEFI— Bullish on on-chain lending protocols like Aave and Camino, which have features supportive of long-term value creation through user fees and revenue generation.
SOL— Bullish on Solana, believing it has room for price appreciation despite recent pullbacks, attributing the dip to rotation trades.
HYPE— Positive outlook on Hyper Liquid (HYPE) as a leading platform in the current market cycle, praising its user experience and market dominance.
CRYPTOAI— Bullish on AI-related crypto projects, particularly Worldcoin, as a way to gain exposure to the persistent AI theme in the crypto market.
CRYPTOEQUITIES— Bullish on crypto-related equities, expecting the current positive trend to continue unless there's a significant crypto market downturn.
MEME— Viewing memecoins as a leveraged way to gain exposure to underlying Layer 1 platforms or gas tokens, potentially useful in certain market conditions.

Bearish

CIRCLE— Bearish on Circle's valuation, suggesting that the current price ratio between Circle and Coinbase is unsustainable and may lead to a price decrease for Circle.

Not investment advice.