$CVGT
Contract address: B7zNKphr8fjczB71oi9uF9pCd5XSNJvBn78TVF7kpump
Current market capitalization: $7.3 million
Market Cap: $50 Million (about 6.8× upside)
Why be bullish on $CVGT?
Top-level ecological support
Jito: 18,235,365 SOL has been staked, about $320 million (USD)
Pyth Network: $130 million in circulating market capitalization and $2 billion all-time high
Stablecoin protocol tokens
$CVGT is not a stablecoin, but a protocol token for the upcoming $USV stablecoin.
Users stake JitoSOL to mint USV, and the transaction fee is used to buy back + burn $CVGT.
Value capture model
Let's say the USV size reaches 10% of the JitoSOL stake, which is $320 M
$CVGT has about 1/6 of the income distribution rights, corresponding to a market capitalization of $50 M
Brief analysis of the technical side
On the daily line, the bottom continues to rise, and the main force continues to build positions
It is currently trading sideways at a low level, and the risk has been released
Investment logic
Low valuation: $7.3 M vs. $50 M target, potential 6.8x
Certainty: Fee repurchase + burning, supply continues to decrease
Track advantage: Stablecoins are the foundation of DeFi, and the demand is rigid
🤪 This V God was created by me using AI, and it kindly helped you remove the background. Brothers in need, feel free to take it.
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