$EGP is super undervalued for a Liquid Restaking platform running on the Eigen Layer. From a practical standpoint, @Eigenpiexyz_io has rock-solid fundamentals but gets hit by short-term market swings. With a $27M fully diluted value (FDV) and a $6M market cap, the huge gap with its over $1B total value locked (TVL) is hard to ignore.

This positions $EGP as a solid investment for those who can handle some market swings over the long run. I believe we’re about to see a price correction, especially once staking starts for Eigenpie.

Big things are coming for @Eigenpiexyz_io:

• Staking is right around the corner, featuring $EIGEN, $SWELL, $ZRC, and restaking fees as rewards.

• Last week, they’ve rolled out a vote-locked $EGP where holders can lock their tokens as vlEGP. Over the next year, vlEGP holders will share 100,000 $EIGEN tokens, with even more perks down the line. Plus, vlEGP gives you a say in Eigenpie’s governance and decision-making.

• The chart hints at a potential turnaround.