As $HYPE ascends to new ATHs, remind your naysayer friends that "FDV" is the most irrelevant metric.
Market cap matters, which includes future expected emissions, offset by buybacks, but EXCLUDES tokens that will never actually be issued.
Still cheap given earnings & growth

Whoever created the term “FDV” is responsible for turning more crypto people into morons than any other term.
The P/E of every stock is infinite if you use “FDV”.
Shout out to “alt coins” and “BTC dominance” as runner ups for Moron conversion. x.com/henrik_on_hl/s…

Jeff Dorman

Twitter

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