Mike Dudas
wild that @stable and @plasma have roughly the same fdv https://t.co/WplL0ZZ13e
121 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights

Despite Plasma having a Total Value Locked (TVL) of $3.196 billion and Stable having only $29,916, their Fully Diluted Valuations (FDV) are remarkably similar at $1.808 billion for Plasma and $1.424 billion for Stable. This disparity suggests Stable may be significantly overvalued relative to its current utility and TVL compared to Plasma. Investors should consider the implications of this valuation gap when evaluating these crypto assets.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol