Maicon
@maico678
L1 assets still trade at relative valuations to BTC and ETH, which are themselves priced as non-sovereign currencies that cannot be intrinsically valued. Meanwhile, AI tokens also trade on a relative valuation basis, despite the fact that AI, as an emerging field, has enormous potential that is difficult to quantify. Meme coins, meanwhile, have completely abandoned any pretense of value and are priced solely on the basis of attention.
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