Arthur Hayes Family Office: CARDS Summer-End Target Price Set at $4

Odaily Planet Daily News: Arthur Hayes' family office Maelstrom has released a research report on CARDS (Collector Crypt), setting its summer-end target price at $4.

The report indicates that Collector Crypt is experiencing rapid growth through its tokenized trading card business. Specifically, the annualized profit for May was approximately $54 million, while the projected annualized total revenue for June is expected to reach $2.4 billion, corresponding to an annualized profit of about $109 million.

According to the introduction, Collector Crypt operates on a digital gacha (card pack opening) model, bulk-purchasing physical trading cards at discounted prices and tokenizing them on-chain. Users can instantly sell the cards they open back to the platform at approximately 85% to 93% of market prices, and the platform generates a comprehensive profit margin of about 4.5% from the spread between the purchase discount and the repurchase price.

According to GMGN market data, CARDS is currently trading at $0.2674, with a market capitalization of approximately $535 million, and a 24-hour increase of 3.56%.