Regarding the question of whether the market value is high, I think it is necessary to analyze from different angles of specific sectors.

For a DEX, a market value of several hundred million is really high in the current environment, but for the AI ​​sector, which is obviously in the leading ecological niche, a billion to several billion cannot be considered underestimated, but it is definitely not a completely overestimated level.

This matter is also applicable even if the comparative valuation method is used in the industry.