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AFAIK none of these currencies have anything resembling fundamentals. Is predicting swings done by watching chatter on reddit?
by tootie 6y ago
AFAIK none of these currencies have anything resembling fundamentals. Is predicting swings done by watching chatter on reddit?
- xur17 6y agoThis is mostly true, but a number of tokens actually do generate an income in the form of fees, inflation rewards, or a combination of the 2. For example, ETH can earn staking rewards, and post ETH2 merge, will also earn transaction fee revenue. A number of the dexes generate trading fees that get distributed to token holders (giving P/E ratios that are high, but not absolute insanity given they are "growth" stocks).