A few weeks ago, the at the time completely absurd (and

A few weeks ago, the at the time completely absurd (and indeed fake) CT rumor was that Ripple was offering $20bn to buy Circle
$CRCL closed today at $21.6bn MCAP
Incredible

#XRP

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jon_charb

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its really quite funny how CT finally starts to value tokens on fundamentals/revenue then at the same time tradfi just sends $CRCL equity to the moon with absolutely no regard for underlying financials

im not sure if its better or worse that crypto people have started getting into fundamental analysis lately while most of them dont actually understand basic financials yet

projects with live tokens should be building out proper investor relations functions have had convos with some existing projects recently about this, it's coming this alongside more standardized disclosures & reporting will be a great development for the space

idt we fully appreciate yet how big of an unlock real-time open data is for crypto the world is moving faster & accelerating the suits wait 3 months to find anything out will become clearer as data infra & reporting standards improve so that we can interpret it better

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