Our Updated Thoughts on SBET at 2.9x mNAV, and why BONK Could 2x (or More) From Here
Jul 8, 2025
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SBET’s NAV premium expansion hints at excitement building around ETH, and implies ~$1 billion of potential ETH buy pressure from SBET alone, adding fuel to a macro setup that should be conducive for ETH (and other alts) to succeed. We also discuss why BONK’s memecoin launchpad buy and burn flywheel could propel the token to double its value on fundamentals rather than pure memetics.
Tickers in this video: #BTC