Arthur Hayes' Family Office Maelstrom Sets $4 Target for CARDS by Late Summer

CoinFeed, June 24 — Arthur Hayes' family office Maelstrom has released an in-depth research report on Collector Crypt, a physical card trading platform on Solana, setting a target price of $4 for the CARDS token by late summer. According to GMGN data, CARDS is currently trading at $0.271 with a market cap of approximately $542 million, up 5.82% in 24 hours. The report notes that Collector Crypt's annualized profit was about $53 million in May and reached $109 million in June, surpassing most top crypto companies in profitability. The platform buys physical cards in bulk at a discount and sells them through gacha machines, earning a roughly 4.5% profit margin when users immediately resell after opening packs, with weekly trading volume peaking at $650,000.