TradFi individuals appear to like the stock-to-flow mannequin as a result of they’re acquainted with it and crypto is in any other case very onerous to worth correctly.
Nevertheless it is not clear in any respect if stock-to-flow could be utilized meaningfully to crypto. PlanB’s mannequin for Bitcoin failed.
So yeah, Ethereum is perhaps certainly undervalued however I doubt that the opinions of Bloomberg analysts or perma ETH bulls actually give us goal new perception right here.
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Bitcoin (BTC) $ 27,053.00 0.6%
Ethereum (ETH) $ 1,891.74 0.86%
Tether (USDT) $ 1.00 0.09%
BNB (BNB) $ 306.52 0.21%
USD Coin (USDC) $ 0.999801 0.03%
XRP (XRP) $ 0.518591 0.86%
Lido Staked Ether (STETH) $ 1,891.28 0.82%
Cardano (ADA) $ 0.376708 0.22%
Dogecoin (DOGE) $ 0.072624 0.07%
Solana (SOL) $ 21.15 0.65%
