X @Token Terminal π
Token Terminal πΒ·2025-12-17 17:44
RT Felipe Montealegre (@TheiaResearch)Check out P/S multiples across the industry over the past 5 yearsThis is a simple market cap weighted P/S multiple for the top 100 projects on @tokenterminal excluding Layer 1sWhere is equilibrium? I think that depends on whether tokens end up subordinated to equity or not. https://t.co/dh9HlaPNhp ...