Beware the chains w High MC/DAU (Patreon)
Published:
2024-08-09 00:02:12
Imported:
2026-06
haven't archived this post yet. have a subscription? use the importer!
Content
Beware of Blockchains with High Market Cap per User
The Market Cap/DAU metric often indicates significant overvaluation.
WHY DO I FOCUS ON THIS?
is every user on CARDANO worth $600,000 when they do nothing on chain of value? For example META which includes IG, WA, FB etc valuation per daily active user is $306. Is ADA 2000 times more valuable than META per User? HELL NO
#SCPProfiler
Files
Previews only