Miles Deutscher 销售针对 RWA 代币化、人工智能和 DePIN 叙事的山寨币

澳大利亚加密货币分析师迈尔斯·多伊彻 (Miles Deutscher) 知道如何搅局。在即将到来的山寨币季节中，在牛市中出售山寨币并进行交换似乎很奇怪

Crypto analyst Miles Deutscher has sold some of his altcoins during the bull run, arguing that some coins are still going up but it’s worth considering selling them due to opportunity cost.

加密货币分析师迈尔斯·多伊彻(Miles Deutscher)在牛市期间出售了一些山寨币，他认为一些加密货币仍在上涨，但由于机会成本，值得考虑出售它们。

In his latest deep-dive on his 218k subscriber YouTube channel, Deutscher argues that although some coins are still going up, it’s still worth considering selling them. Not financial advice, but he says the opportunity cost is just too out of whack with some projects.

在他对 218,000 订阅者 YouTube 频道的最新深入研究中，Deutscher 认为，尽管一些代币仍在上涨，但仍然值得考虑出售它们。这不是财务建议，但他表示，某些项目的机会成本太不正常了。

For example, if you choose to buy Coin A instead of Coin B, and Coin B increases in value more than Coin A, the opportunity cost is the potential profit you missed by not choosing Coin B.

例如，如果您选择购买硬币 A 而不是硬币 B，并且硬币 B 的增值幅度大于硬币 A，则机会成本就是您因不选择硬币 B 而错过的潜在利润。

While the narrative of real world asset (RWA) tokenisation is still strong, Deutscher believes it’s worth swapping some coins that had a good run for others that have more upside potential.

尽管现实世界资产（RWA）代币化的说法仍然很强烈，但多伊彻认为，将一些运行良好的代币换成其他具有更大上涨潜力的代币是值得的。

The first on the sell list is Ondo. Deutscher still believes in the project, but thinks that riding it from US$0.20 (AU$0.31) – when he first spoke about it – to currently US$1.98 (AU$3.12) is a good trade and worth exiting now.

卖出名单上的第一个是 Ondo。 Deutscher 仍然相信该项目，但认为从他第一次谈论该项目时的 0.20 美元（0.31 澳元）到目前的 1.98 美元（3.12 澳元）是一笔不错的交易，现在值得退出。

He believes that an upcoming token unlock will potentially threaten some of the gains made.

他认为即将到来的代币解锁可能会威胁到已经取得的一些成果。

So, an alternative he invests in is CHEX. Fundamentals aside, Deutscher says that based on fully diluted valuations, “CHEX is a 9X away from Mantra and it’s a 25X away from Ondo”.

因此，他投资的另一个选择是 CHEX。抛开基本面不谈，Deutscher 表示，根据完全摊薄后的估值，“CHEX 与 Mantra 相差 9 倍，与 Ondo 相差 25 倍”。

The next few coins marked for a sell are no less controversial, because Deutscher says he has sold some of his Solana (SOL) into Ethereum (ETH). Despite poor performance by Ether this cycle the analyst believes things are starting to look up.

接下来的几个标记为出售的代币也同样引起争议，因为 Deutscher 表示他已将部分 Solana (SOL) 出售给以太坊 (ETH)。尽管以太币本周期表现不佳，但分析师认为情况正在开始好转。

To be clear, he’s not saying sell all your SOL and FOMO into ETH, Deutscher says it’s “a bit of a rotation” he is doing and that it’s something worth considering.

需要明确的是，他并不是说将所有 SOL 和 FOMO 都卖成 ETH，Deutscher 表示他正在做的“有点轮换”，值得考虑。

A layer-2 worth selling according to the analyst is Polygon with the ticker POL (former MATIC). He chose this not because the project is bad, but because he believes others will out perform it.

分析师认为，值得出售的 Layer-2 是 Polygon，股票代码为 POL（以前称为 MATIC）。他选择这个并不是因为这个项目不好，而是因为他相信其他人会胜过它。

He mentions Mode as a solid buy, which is an Ethereum Layer 2 network, designed to support the growth and adoption of blockchain applications, part of the Optimism Superchain.

他提到 Mode 是值得购买的，它是一个以太坊第 2 层网络，旨在支持区块链应用程序的增长和采用，是 Optimism 超级链的一部分。

AI is a topic the analyst still strongly believes in and thinks most projects will do well in this category.

人工智能是分析师仍然坚信的一个话题，并认为大多数项目都会在这一类别中表现出色。

However, Artificial Superintelligence Alliance (FET) is a sell for him as there’s “not enough excitement there”. FET is also close to its all-time high and has potentially less room on the upside than others.

然而，人工超级智能联盟（FET）对他来说是一个卖点，因为“那里没有足够的兴奋点”。 FET 也接近历史最高点，但上涨空间可能比其他股票要小。

Deutscher prefers projects like Bittensor and the AI agent plays like Virtuals Protocols (VIRTUAL), which has seen a 400% increase over the past month.

Deutscher 更喜欢 Bittensor 这样的项目，而 AI 代理则像 Virtuals Protocols (VIRTUAL) 一样，在过去一个月里增长了 400%。

Moving to DePIN, and Render is a sell in the decentralised physical infrastructure network sector. While still a decent project, the analyst thinks there are others that can out perform it, such as PinLink or AIOZ.

转向 DePIN，Render 是去中心化物理基础设施网络领域的卖点。虽然仍然是一个不错的项目，但分析师认为还有其他项目可以超越它，例如 PinLink 或 AIOZ。