In the ever-evolving world of cryptocurrency, finding potential investments that promise substantial returns is akin to discovering hidden treasures. In his latest analysis video, “I Just APED Into This Hidden RWA Altcoin Gem! [20x Potential],” renowned crypto analyst Miles Deutscher has unveiled Chintai (CHEX) as a promising investment within the Real World Assets (RWA) sector. Deutscher is convinced that Chintai holds the potential to soar up to 1,900% in the forthcoming market cycle.
RWA Tokens: A Top Investment Narrative
RWA tokens have consistently been at the forefront of Deutscher’s investment narratives, ranking just behind memecoins and AI for the current crypto bull run. He emphasizes the transformative potential of RWAs, stating, “When I look at narratives that can actually change the fabric of crypto and really offer a new value add, I think RWA is massive.” As traditional decentralized finance (DeFi) yields decrease and interest rates drop, the allure of on-chain treasury yields continues to grow.
Successful Past Investments
Deutscher has a history of successful early investments, notably in ONDO and Mantra (OM), both of which have yielded impressive gains. For instance, ONDO provided a sevenfold return from his initial entry. However, he now views these assets as approaching overvaluation. Commenting on ONDO, he noted, “Valuation-wise, though, it’s pretty insane considering the fact that its market cap’s a billion, but it’s fully diluted valuation (FDV) is $7.1 billion.”
Shifting Focus to Undervalued Opportunities
In light of this, Deutscher is redirecting his focus towards undervalued opportunities within the RWA space. Alongside Clearpool (CPOOL), which has already gained 42% since his initial disclosure, Chintai (CHEX) emerges as his newest and largest RWA position. He remarked, “This one I’m also really, really bullish on. It’s tough for me to say if I’m most bullish on this, but it might be the one that I’m most bullish on in the RWA sector.”
The Unique Proposition of Chintai
Chintai sets itself apart by being one of the few RWA-focused layer-one blockchains regulated by the Monetary Authority of Singapore (MAS). Deutscher explains, “If you know Singapore, they are so strict with due diligence. It’s really hard to get a license; they fought for a license and they’ve got it.” This regulatory backing positions Chintai to draw substantial institutional capital, potentially channeling billions in total value locked (TVL) onto their blockchain.
Robust Fundamentals and Partnerships
Chintai boasts robust fundamentals, with a notable list of major clients and partnerships including DHC, Finstable, and Greengate. Deutscher describes the platform as “a marketplace for tokenization, an L1 blockchain for RWA tokenization.” Having facilitated over $630 million worth of loans, Chintai is poised to launch “OZEAN,” a blockchain for RWA yield supported by Optimism, early next year.
Valuation Insights
From a valuation standpoint, Deutscher identifies significant upside potential for Chintai. Currently, it has an FDV of around $250 million, considerably lower than Mantra’s $1.37 billion FDV. He calculates, “If CHEX—even in a static market without the market growing at all—does a 6x, that’s just now matching Mantra.” Given the anticipated growth of the RWA market, the potential for higher returns could be even greater. “What if the RWA market 2x’s? Because I think it’s going to be a very strong narrative next year; then you could be looking at a 14x,” he speculates.
Market Awareness and Technical Analysis
Despite its strong fundamentals, Deutscher acknowledges that Chintai’s lower valuation compared to its peers is largely due to a lack of market awareness. “Why is there that discrepancy despite the fundamentals being just as, if not more strong, for Chintai? Just marketing,” he observes. Mantra has excelled in marketing efforts, attracting considerable attention in the crypto community. “Once Chintai can improve its awareness—and I’m actually giving it more awareness by making this video—that is the only key that it’s missing,” he notes.
Technical Analysis Perspective
On the technical front, Deutscher finds Chintai’s chart promising. “What I also like from a technical analysis perspective is the fact it’s hovering above this zone, which, if you are technically inclined, you have that technical invalidation,” he points out, highlighting the potential for a significant move to previous highs. He remains cautiously optimistic about price targets, emphasizing prudent profit-taking strategies. “I don’t want to get carried away with crazy price targets… I’m never greedy in this market,” he cautions.
Conclusion
In conclusion, Deutscher sees Chintai’s combination of regulatory compliance, institutional appeal, and undervalued status as making it a compelling investment. “They can actually attract institutional capital because of the licensing and because of the product they’ve built,” he affirms. At press time, CHEX was trading at $0.2874.
