
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.

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