Shitcoin Pumping New Logic: Standard Chartered Signals Buy Order, Market Lifts Sedan

BlockBeats News, June 25th. Since June, two reports from Standard Chartered Bank have triggered a brief FOMO for the meme coins UNI and AAVE.

On the 16th, Standard Chartered Bank's report first covered Uniswap and predicted that its UNI token could rise from the current price of about $2.70 to $100 by the end of 2030, a 40x increase. As a result, UNI saw a single-day surge of over 20%. Although the price retraced afterwards, it was still up around 10% from the time of the report.

A week later, Standard Chartered once again recommended another DeFi token, AAVE. Their Head of Digital Asset Research, Geoff Kendrick, projected that AAVE could reach $3500 by the end of 2030, a 50x increase from the current level of about $70. Since the announcement, AAVE has seen a peak gain of over 10%.

BlockBeats believes that the "Standard Chartered recommendation, market FOMO" signifies a new stage in the meme coin cycle, potentially entering an "institutional narrative-driven speculation" phase. Similar reports in the future may become one of the key catalysts for the DeFi sector. Short-term pumps are essentially narrative-driven capital inflows rather than immediate fundamental improvements. The ultimate long-term winners will still depend on the protocol's actual revenue and value-capture capabilities.