Trader Eugene: Crypto reserve boom near top but not yet over

BlockBeats News: On August 4th, trader Eugene Ng Ah Sio posted on his personal channel that he is cautiously optimistic about the DAT "Decentralized Asset Trusts" craze, which is approaching its peak but has not yet ended. This may be the last opportunity for counterfeit tokens to usher in a large-scale bull market with the help of global capital. It is now clear that most capital is either unable or unwilling to cross the cryptocurrency divide by directly purchasing tokens. The current DAT is a suboptimal (but similar) replica of the altcoin ETF. We have not yet seen a real case of DAT driving a large amount of funds into a certain alternative currency, but I believe that given the enthusiasm of traditional financial TradFi for Ethereum ETH, this possibility is quite high. In theory, these capital inflows should dwarf the performance of other crypto native projects, but the market has not yet fully valued this. Although it is believed that DAT may be close to the top, the biggest crazy event has not yet occurred