
xiyu|Jul 27, 2025 04:28
Can't hold on anymore, can we compare like this?
The question is, what if I don't recognize it in two years?
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Having a large number of users does not necessarily mean a high valuation.
A typical example is
When Kwai went public in 2021, my classmate got the stock one year after he entered Kwai. At that time, Kwai opened at 400 yuan a share. I said you sold it for bnb
Because the market value of Kwai was the same as that of Cai'an.
He said that the number of Kwai users is more than the amount of money security.
Is that also called a user? You can't even find ten yuan out of a hundred.
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now
The total market value of Kwai is about US $39.78 billion.
The total market value of Binance BNB is $111 billion.
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