It can be dangerous to tie a prices to economic activity or raw utility from any specific model. Some strong counter examples might be something like a cardano riot, which has almost no utility yet. Ah, but it's still doing extremely well as one of the best reformers the bear market. And so there, again, is like ou. Big Oine itself has one of the lowest utilities on chain, but has the biggest market cap by far.
With BTC and ETH making new ATHs, new and old investors are asking themselves the same question: How do you value cryptoassets?
Listen to conversations between Su Zhu, the CEO and CIO of Three Arrows Capital, and Hasu, an experienced crypto researcher and writer. Together with occasional guests, we explore the transformative nature of trust-minimized currency and financial services.
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