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?

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

Indeed - P/E, dividends, etc are not a thing 

There are many more people hunting for those value stocks, too. With much more money to invest. 

We are a bubble. Floating in a fantasy.

How is it that $ABYSS hit 1.5m mcap top but $JAILSTOOL hit 200-300m mcap? Nothing matters and nothing makes sense.

To me it doesn’t, but I understand why you don’t think so 🫡

? It makes complete sense that abyss hit 1.5m and jailstool hit 200