Crypto marketcap (ex. $BTC & stables) trades at ~250x P/S ratio.AJC (@AvgJoesCrypto):Despite the rise of the "revenue meta," crypto valuations remain primarily driven by monetary premiums rather than fundamentals.Crypto marketcap (ex. $BTC & stables) trades at ~250x P/S ratio. For comparison:Nasdaq - 6.25xS&P - 3.36XUltimately, the majority of capital in https://t.co/87LQZ2EFhx ...