Ignas
Ignas|Sep 29, 2026 09:38
Trading on 'fundamentals' seems easy, but what do you do when revenue starts dropping like this? 1) Hold 2) Sell 3) Buy the dip Ok but consider that the token trades at 0.61x annualized fees and 1.22x annualized holder revenue. Buy more? Yet these metrics are based on the last 30 days. Protocol is new. But what if it belongs to a crypto category which historically is very cyclical, loses attention and gets flooded with new competitors? Still 'cheap' valuation yet only if the PROTOCOL and revenue survive. Yeah, trading the revenue meta looks easy when revenue only goes up. But you still need to bet on: 1) The sector continuing to grow 2) The team continuing to ship 3) Degens continuing to trade 4) Competitors not taking its market share The revenue is visible onchain in real time but decision to trade is still tough.
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