The definition of market multiples.  Multiples are lower today than in 2021.
Whether multiples are too low today, or too high in 2021, remains to be seen.

so Aave has 3x the revenue and 4x the TVL than it did in 2021, but the token is still less than half the price.  Makes sense

Krugman

Twitter

As the market falls, how do top traders view the outlook?

The resignation of Aptos CEO Mo Shaikh has had a severe impact on the price of Aptos (APT), disappointing many APT investors. Particularly, the situation is even more serious as it occurred during the Altc market.

Aptos (APT) Price Analysis and Prediction After CEO Resigns

Here is the English translation, with <> elements retained as is:

Author: Bitcoin Magazine Pro
Translator: Bai Hua Blockchain

As <Bit>Bitcoin</Bit> now routinely enters the six-figure range, higher prices also seem to be a given. By analyzing key on-chain data, valuable insights can be provided into the basic health of the market. After understanding these indicators, investors can better predict price trends and prepare for potential market peaks or impending corrections.

1. Realized Price
The "Realized Price" indicator combines Coin Days Destroyed (CDD) and <Bit>Bitcoin</Bit> supply to provide a weighted average of the price at which <Bit>Bitcoin</Bit> last moved.