There are countless tokens that are undervalued relative to their revenue/profit.

Most of the market just doesn't know enough about them, so even if they're "undervalued," there's no indication that new money will catch up to the same thesis.

This is significantly less true for stocks of public companies.

Why?

seeker /native /believein /bedrock 🇵🇸

I think it’s because the revenue doesn’t actively accrue to token value

If there were rev share or buybacks or something they’d get valued closer to traditional companies

Right, Apple stock is valuable, Apple fan tokens, not so much

⌐◨-◨ ‘ing around. 
Nouns Fest founder.
Sundae Songs, music publishing, founder.

www.fishandfriends.fun

Eh I mean if Apple launched a memecoin with no rev share it would still go to tens of billions

attention, same reason trump went to 70B. most popular/valuable co in the world.

But Trump dumping still and at 4b of hopium.

If there is nothing tied to it then why would it matter price wise? Otherwise it’s essentially a collectible, like owning an Apple 2 but less useful.