Taiki Maeda

For long-term investors, Maker (MKR) is a high-conviction play on the Real World Asset (RWA) theme, but be prepared for a multi-year hold. Consider an investment in Frax Share (FXN), as its price appears to be lagging behind its strong fundamental growth, presenting a potential opportunity. Since a true alt season has not yet occurred, hold your winners but plan to de-risk some assets around November/December based on historical patterns. Systematically take profits by selling small portions of winning positions, such as 10-20%, to secure your initial capital. To truly protect your wealth, withdraw significant profits from crypto directly into a real bank account.

Consider the Jupiter LP token (JLP) on Solana as a core holding for balanced exposure to the crypto market, as it provides upside from SOL, ETH, and BTC while being partially hedged by stablecoins. For higher-risk investors, the Prediction Markets sector is highlighted for its potential 10x to 100x growth through airdrop farming. To participate, explore a potential airdrop on the Limitless platform by placing a $200 minimum bet before the end of Season 1 in mid-September. Alternatively, join the zero-risk trading competition on Outcome's testnet to potentially win real money and qualify for future rewards. Investors should monitor the ETH/BTC pair, as a sharp upward move has historically signaled a broader market top.

Position for potential airdrops by actively using tokenless protocols like Polymarket and Stream Finance, which has a confirmed points program for early users. For a lower-risk strategy, focus on market-neutral yield farming to target a consistent ~15% APR on stablecoins. A high-conviction value strategy is to identify and invest in projects trading below their liquid treasury value, similar to a past successful trade in OHM. The analyst is also explicitly bullish on the long-term growth of crypto infrastructure, citing a pre-IPO investment in Kraken as a key holding. During future bear markets, watch for publicly traded crypto-holding companies to trade at a discount to their assets, creating a potential arbitrage opportunity.

A strong value opportunity exists in Maker (MKR), a highly profitable DeFi protocol whose token price has lagged its significant earnings growth. MKR's profits have recently doubled to nearly $200 million annually, yet the token trades around $2,000, well below its previous $4,000 high when profits were at a similar level. The protocol returns value directly to investors by using 50% of profits for token buybacks and distributing the other 50% to those who stake the token. Key catalysts to watch for include major cost-cutting initiatives and the launch of Grove, a new sub-DAO focused on Real World Assets (RWAs). This is a contrarian investment requiring patience, as MKR has recently underperformed major assets like Ethereum (ETH) despite its strong fundamentals.