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@coopahtroopa.eth
Saw a lot of talk on the CT timeline today that "fundamentals are bearish" and honestly this makes a lot of sense. When you value something based on its cashflows (onchain or offchain) - it's easy to put a ceiling on it. Virtually all memecoins have no cashflows - which let's people's imagination run wild.
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@yaffle.eth
It's ironic that some of the same people criticising crypto for the lack of fundamentals have invested in 'real world' tech startups with no clear path to profitability
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