According to Odaily, Vance Spencer, co-founder of Framework Ventures, recently stated on the X platform that MKR is one of the most undervalued tokens in the crypto space, but this situation is unlikely to last long as it may soon undergo a revaluation. Currently, MKR captures nearly 40% of DeFi profits on Ethereum, making it the third-largest crypto application after ETH and SOL. It also holds the largest Real World Asset (RWA) positions among all protocols, with institutions like Blackrock actively incorporating it into their investment portfolios.
Additionally, MKR's trading price is only one-third of the Fully Diluted Valuation (FDV) of Ondo and Ethena. Founder Rune has repurchased tokens during market lows, and MKR plans to enhance profitability, returns, and stablecoin supply by launching a new Layer 1 chain and re-pricing. All venture capitalists have already sold off their holdings during the bear market, eliminating any further selling pressure from VCs.