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Why We're Bullish L2s

Bankless

Understanding Price-to-Earnings Ratio for Layer One and Layer Two Tokens

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Exploring the concept of price-to-earnings ratios for layer one and layer two tokens, highlighting the significance of brand and trust in determining PE ratios. The chapter discusses Solana's high PE ratio driven by its growing brand and mind share, as well as the importance of brand metrics in a bullish market.

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