
The post highlights a significant valuation concern for Starknet, noting its low daily active users (8) and transactions (10) despite a $1 billion market cap and $15 billion fully diluted valuation. This suggests a potentially overvalued asset with weak fundamentals, implying a bearish outlook for Starknet and a possible price target of zero.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.