Threshold (T) – A DAO Acting as a Startup
Most of the DAOs are for talk, but Threshold is for action. In April, it restructured its treasury, trimmed some of the fat, and began redirecting revenue to buy back its own token. That's a startup term for pivoting. And it seems to work: volume has surged, the price has increased from its all-time low, and tBTC is gaining traction.
It is not marketing; it is operation. Threshold transfers decentralized Bitcoin on Ethereum, and one aspect of that system is getting cryptographic resilience when some actors decide to dish it.
T is still at $0.019, a far cry from ATH. The fundamentals have just been upgraded. What's next? If it breaks above $0.022, we can look forward to $0.03-plus.