POPA ReconTop 15 Most Undervalued Onchain Apps by Grayscale
Top 15 Most Undervalued Onchain Apps by Grayscale Grayscale just ranked crypto's top revenue-generating apps - and argues most are trading dirt cheap on a price-to-revenue basis, right before the CLARITY Act could re-rate the whole sector. That "multiple" is market cap divided by annual revenue - basically a P/S ratio, and most sit in single digits, with Pump Fun, Pancakeswap and Meteora at 1x. Grayscale's pitch, these are cash-generating businesses priced like they're dying, and if the CLARITY Act passes (final text expected around July 4), the onchain growth that follows could close th…
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