Meaningful valuation frameworks – including those that can be used to value memecoins, too – can help provide a more grounded understanding of market dynamics in times of volatility. By using these techniques, we can all see the hype for what it is – “fairy dust,” to quote McConaughey’s wired character in “Wolf of Wall Street,” that might be magical for a lucky few, but ineffective for nearly everybody else.
Source: CoinDesk
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