Data: Decentralized Dapps contribute over 60% of the crypto industry’s revenue, but their market capitalization accounts for only 7%.
Jinse Finance reported that Richard Galvin, co-founder of hedge fund DACM, stated that decentralized applications (Dapps) contribute over 60% of the crypto industry's revenue, yet their market capitalization accounts for only 7%. This proportion is the same as when decentralized applications had no revenue at all. Most of the revenue in this sector, as well as all the growth potential... a revaluation of (decentralized applications') valuations seems inevitable.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japanese stocks closed down nearly 1%
Hon Hai: Q1 Revenue of NT$2.12 Trillion, Estimated NT$2.15 Trillion
US judge postpones hearing on Aave's request to unfreeze $71 million in stolen ETH
