🚨🔥 How can a project be valued at over 4 billion dollars while generating on-chain revenue of 0 dollars in the last 24 hours?! 🤯
While many are discussing the future of Hedera (HBAR), some numbers are emerging that deserve serious consideration. 👇
📊 Key current data:
💰 Market cap of HBAR: over 4,000,000,000 dollars
🔒 Total Value Locked (TVL): 48.32 million dollars
🪙 Market cap for stablecoins on the network: 43.47 million dollars
💸 Network fees over the last 24 hours: 1,089 dollars
📈 Application revenues over the last 24 hours: 1,061 dollars
❌ Protocol revenues (Chain Revenue) over the last 24 hours: 0 dollars
🤔 This is where the real question begins...
How is a multi-billion dollar project priced while data indicates no direct revenue for the protocol over the last 24 hours? Is the market seeing something that current numbers don’t show? Or is the valuation entirely based on future expectations?
🚀 Are investors buying:
✅ Major institutional partnerships?
✅ Potential for widespread adoption in the future?
✅ Technology and network speed?
✅ Or is the current price based more on speculation and hope rather than actual usage?
📌 It's also crucial to distinguish between several concepts:
🔹 The absence of Chain Revenue in a specific timeframe doesn't necessarily mean the project lacks activity or functioning applications.
🔹 Also, market cap doesn't just reflect current revenues, but also investors' expectations for future growth.
But the question remains...
⚠️ Can massive valuations continue if they don't eventually reflect on the revenues and actual usage of the network?
💬 Personally, I believe the crypto market always goes through two phases:
📈 A phase where dreams and expectations are being priced.
📊 A phase where numbers and actual results are being priced.
And the question is:
🔥 At what stage is HBAR today?
Do you think the coin is undervalued due to its future potentials? 🚀
Or is its current valuation inflated compared to the fundamental indicators? 📉
👇 Share your opinion with numbers and logic; data-driven discussions are more valuable than any market noise. 💎📊
