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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