When there's an etheorium tra wentes, a transaction in theorium, there's a fee. etherium started doing thing last year where it takes the fee and it just buys back etherium and gets rid of it,. Drives a supply down, price up. The present value theorem, according to this model, is ten thousand dollars per eth eth is trading at two point six to two point six k. If you believe this guys model, he's his undervalue currently by about four x.

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