Collector Crypt CARDS

Arthur Hayes Family Office: CARDS' target price for the end of summer is $4

Odaily Planet Daily reports that Arthur Hayes' family office Maelstrom has released a research report on CARDS (Collector Crypt), setting its year-end summer price target at $4. The report shows that Collector Crypt has achieved rapid growth through tokenized trading card business. Of this, the annualized profit for May was about $54 million, and the total annualized revenue for June is expected to reach $2.4 billion, corresponding to an annualized profit of about $109 million. According to reports, Collector Crypt centers on a digital capsule toy (card pack opening) model, purchasing physical trading cards in bulk at discounted prices and completing on-chain tokenization. Cards obtained by users opening packs can be instantly resold to the platform at about 85% to 93% of the market price, earning the platform a comprehensive profit margin of about 4.5% from the purchase discount and buyback price difference. According to GMGN market data, CARDS is currently trading at $0.2674, with a market capitalization of about $535 million, up 3.56% in 24 hours.