$met trading @ $500m fdv
I really hate the way solana ecosystem doesn't value defi
In awe of it.
You've got great projects with good revenue and tremendous user traction like $jup / $met that trade lower than $aave & $uni
Guess which ones have higher rev
Solana ppl hate DeFi
My theory is that the foundation of Solana DeFi being SBF low float scam coins made a permanent impact on how the community values DeFi (they don't)
Ethereum users are willing to value projects with lower revenue at much higher mcaps. DeFi was born on ethereum and they love it.
I would like to see this change with time.
Maybe as the chain matures more, the community can begin to value the projects that make the chain great.
$pump at $3.7b fdv
$jup at $2.4b fdv
$met at $533m fdv
Just disgusting really
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