In the fast-paced crypto scene, where tokens can moon or crash overnight, spotting undervalued gems is key. Recently, trader @twMoonBoy shared a compelling thread on X (formerly Twitter) about $ORDER, the native token of Orderly Network. He predicts it could smash through $2 and even touch $5 before the year wraps up. Let's break down his analysis and see why this DeFi player might be gearing up for a big run.

Orderly Network is a blockchain-based infrastructure for perpetual futures trading—think of it as a backbone for decentralized exchanges (DEXs) that let you trade contracts without expiration dates. Their token, $ORDER, powers the ecosystem, and according to @twMoonBoy, it's seriously underpriced right now.

Trading Volume and Valuations: The Big Picture

One of the main hooks in the thread is Orderly's trading volume. Back in August, they hosted a $1 million trading competition on Aden Exchange, which is built on Orderly's tech. That month alone, Orderly racked up a whopping $23.73 billion in trading volume. Now, another $500k competition kicks off on October 15th on the same platform. Expect another volume explosion, potentially matching or beating that August high.

To put this in perspective, @twMoonBoy compares Orderly to other perp DEXs:

• Paradex: $23.6 billion monthly volume, valued at over $2.5 billion fully diluted valuation (FDV).
• ApeX Protocol: $18.5 billion monthly, over $1 billion FDV.
• Avantis: $10.4 billion monthly, also over $1 billion FDV.

Orderly's numbers stack up nicely, yet its current valuation lags behind. If volumes spike again, $ORDER could catch up fast, pushing the price toward that $2 mark—or higher.

Revenue Spikes and Buybacks: Fueling the Fire

Volume isn't just vanity metrics; it translates to real revenue. In August, Orderly pulled in over $600k, thanks to the competition-driven activity. With the new event on the horizon, expect similar or better figures this month.

Here's the kicker: 60% of that revenue goes straight to $ORDER buybacks. This means the protocol buys back tokens from the market, reducing supply and potentially driving up the price. It's a built-in mechanism that rewards holders as the network grows.

Increased Exposure: Big Names Taking Notice

$ORDER has already pumped over 300% in the last three months, drawing eyes from heavy hitters in the space. @twMoonBoy shouts out influencers like @DefiSquared, @blackbeardXBT, @The__Solstice, and @Pedr0_DC, who've been buzzing about Orderly lately. This kind of organic hype from smart money can create a snowball effect, attracting more traders and liquidity.

The thread wraps up with a confident "see you at $2," and replies from the community echo the bullish vibe. One user calls $2 "easily achievable," while another eyes $10 as the minimum target.

If you're into DeFi and perpetuals, keeping an eye on Orderly could pay off. Check out the original thread for the full scoop, and maybe dive into Orderly's ecosystem on their official site. As always, do your own research—crypto moves fast, and nothing's guaranteed.

Stay tuned to Meme Insider for more breakdowns on emerging tokens and DeFi trends that could shape your portfolio.