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Coop
@coopahtroopa.eth
We value crypto projects by the amount of ETH locked inside a product or protocol. Then we value its native token as a multiple on that ETH locked. Now - does that ETH or token need to actually do anything? For all intensive purposes... no. Strange world we live in.
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Chinmay 🕹️🍿
@chinmay.eth
These are speculative valuations. This is exactly how stocks were valued in the early days.
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