cobie 5.0 5 ideas

Crypto is experiencing a K-shaped divergence where infrastructure and real-world applications (like Hyperliquid, Trade XYZ, Polymarket, and stablecoins) are having phenomenal success and adoption, but this success is not reflected in the prices of traditional crypto assets like meme coins or governance tokens, leaving investors unable to gain exposure to the parts of crypto that are actually working well. This societal bull case, where more capital comes on-chain for useful things, makes another season of euphoria and rising asset prices inevitable.

Hyperliquid and Trade XYZ are phenomenally cool, novel platforms bringing traditional asset trading (like commodities) onto crypto rails. Their success, including predictive accuracy for traditional market opens, demonstrates a real market forming on-chain. This brings novel capital and users on-chain, which is a foundational positive for the crypto ecosystem.

Stablecoins are real and important in the world, with increasing use cases like DoorDash paying drivers via Tempo. Their growing utility represents a core success story for crypto that is detached from speculative asset price movements.

Tokenized equities and real-world assets (RWAs) are cool because they bring a new cohort of people and wealth on-chain, connecting crypto more to the real economy rather than being a self-referential leverage sandbox. This onboarding of new capital is positive for the ecosystem.