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The DAT craze is nearing its peak, possibly signaling the last opportunity for alts to welcome a bull run.
[Coin World] On August 4, a trader posted on their personal channel expressing a cautiously optimistic attitude towards the DAT "Decentralized Asset Trusts" craze. This wave of enthusiasm is nearing its peak but is not yet over, and it may represent the last opportunity for alts to leverage global capital for a massive bull run. It is now clear that most capital either cannot or is unwilling to bridge the gap into the Crypto Assets space by directly purchasing Tokens. The current DAT is a suboptimal (but similar) replica of alts ETFs. We have not yet truly seen DAT driving significant capital inflows into any alternative coins, but I believe, given the enthusiasm of TradFi for Ethereum ETH, this possibility is quite high. Theoretically, these inflows should make the performance of other crypto-native projects pale in comparison, but the market has yet to fully recognize this. While it is believed that DAT may be nearing its peak, the biggest frenzy has not yet occurred.