Why We're Bullish L2s
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Valuation Dynamics in Layered Cryptocurrency
This chapter explores the valuation metrics of layer one and layer two tokens in the cryptocurrency market, focusing on their price-to-earnings ratios. It discusses how brand reputation, market narratives, and recent trading trends impact these valuations, especially for assets like Solana and Optimism. The speakers analyze the strategic shifts within the ecosystem and the potential for layer twos to gain prominence, drawing parallels to established growth strategies in tech sectors.
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