Why does the Mikitti project have a market cap of $350 million? It seems a bit outrageous. What is the valuation logic behind these new projects? Is the market just hyping concepts or is there actual fundamental support? Worth a deep dive.
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PriceOracleFairy
· 01-15 21:10
ngl the valuation math here is literally just oracle manipulation theater at this point... watched the same pattern three cycles ago, price deviation goes brrrr and suddenly we're pricing in fictional cash flows lol
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MEVictim
· 01-15 12:36
Another project with a "sky-high valuation," hilarious, this is the crypto world.
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DeFiAlchemist
· 01-12 23:06
ngl the valuation mechanics here scream unsustainable yield transmutation... let me pull up the tvl/mcap ratio and see if there's actual protocol synergy or just pure speculation theater tbh
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TokenomicsTherapist
· 01-12 23:06
350 million? Wow, whose numbers are these?
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FlashLoanLarry
· 01-12 23:04
lol 3.5B valuation on what... liquidity depth of a puddle? classic mev-bait thesis ngl, seen this movie before
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GateUser-c799715c
· 01-12 22:53
I heard Mikitti can reach 350 million. How much FOMO would it take to achieve that?
Why does the Mikitti project have a market cap of $350 million? It seems a bit outrageous. What is the valuation logic behind these new projects? Is the market just hyping concepts or is there actual fundamental support? Worth a deep dive.