My internal is-the-crypto-market-sane-yet metric is the number of market caps >$1bn. Given that nothing but store of value has proven useful so far, anything >1 is silly, and 18+ is clearly mass hysteria.
Why can't multiple candidates for SoV be plausibly > $1B? If SoV is worth even $1T, it only takes a 0.1% chance. Plenty of other reasons to still be skeptical about token speculation...
-
-
Given current prices they all seem speculatively overvalued if all they provide is less secure store of value. Eg the odds that something else wins are not 60%
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.