If I see a MetaDAO coin with clearly mispriced fundamentals that KOLs haven’t caught onto yet, I take a bite.
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8bitpenis.sol
@8bitpenis
01-03
hold on HOLD ON
i just had an epiphany, @FlashTrade is literally trading at a 5x Price to Revenue ratio???? (dunno actual earnings)
for reference, Jupiter is at 15x, Kamino is at 20x
market is underpricing app coins, and overpricing ownership coins
FAF is about to become an

Migrating within 1-2w

8bitpenis.sol
@8bitpenis
01-03
hold on HOLD ON
i just had an epiphany, @FlashTrade is literally trading at a 5x Price to Revenue ratio???? (dunno actual earnings)
for reference, Jupiter is at 15x, Kamino is at 20x
market is underpricing app coins, and overpricing ownership coins
FAF is about to become an

I know you're soft shilling here. But why do u specifically mention metadao? Does it deserve a premium just because it was launched there? genuinely curious
Yes I think so, MetaDao projects have been top performers for utility last few months.
I struggle to name any other utility project that did well on Sol to be honest.
Few actual reasons for me:
1) Treasury is truly owned
Controlled by token holders and governed via futarchy. Capital allocation is market-driven, not founder-driven. Decisions have a cost.
2) Team unlocks only start after market-cap targets far above ICO, then unlock linearly.
And Lastly, it already works.
A trusted, proven structure with fixed rules, not arbitrary ICO setups founders rewrite after raising.
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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