Bought some of this $cards at a price of 0.21, currently the market capitalization is 400m, with about 10% in circulation, which means the circulating market capitalization is around 40m.

It feels quite interesting that collectible card games like Pokémon, as a non-standard asset, can be traded as RWA, and it can be considered a platform token for the RWA concept, not just pure memes. Currently, most memes can't be listed, and the upward channel has opened up. Around 50m is almost the ceiling; in the past few months, top narratives like $gork, $Ani, $spark have mostly only gone up to 50m. From this perspective, cards seem a bit expensive, but it's been a long time since a token has emerged on-chain that can be listed. This token itself is backed by the big IP of Pokémon in Web2, and if there’s heat and trading volume later, there will be opportunities to be listed on major exchanges. I feel like the ceiling can still be raised.

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