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A simple valuation model for Bluefin🧙♂️
Hyperliquid has redefined the ceiling of the PerpDEX track with a FDV of ~$14 billion. So, what will be the FDV of Bluefin, which is about to TGE?
Before building a valuation model, let’s first understand the major changes in the overall environment of the PerpDEX track:… x.com/i/web/status/18661001656... twitter.com/bluefinapp/status/...
2024/11/28 23:35 :
1/ The Bluefin Foundation presents to you the Bluefin Airdrop Eligibility Portal!
Check your eligibility here: http:/trade.bluefin.io/airdrop
The price of $BLUE measured by the model is 0.4u～0.6u, and the pricing range of Aevo pre-trading market is 0.25u~0.6u.
In my opinion, the pre-trading market pricing is too low due to the recent sentiment of the Altcoin market.
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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