Recent data underscores the model’s growing appeal. Creators can launch tokens, stream live on the platform, and earn up to 0.95% of trading fees from their tokens. Freaz7, the Web3 Lead at Mythical Games, noted that some creators have made over $100,000 in just a few days. And someone has even made over $64,000 in a day through streaming.
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Bloomberg ETF analyst James Seyffart argues the current market represents an altcoin season through digital asset treasury companies rather than traditional token price rallies, with upcoming ETF approvals unlikely to replicate Bitcoin’s institutional success. During a Sept. 4 interview with Milk Road, Seyffart said digital asset treasury companies (DATCO) have generated massive returns while individual altcoins remain relatively subdued compared to previous cycles.
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The symmetrical triangle illustrates the market’s indecisiveness: although buyers and sellers are engaged in combat, neither side has been able to seize control. In the past, depending on overall momentum and market movements, assets that reach the apex of such a triangle frequently experience a sharp move, either upward or downward.
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