In Defense of Fundamental Analysis Amid Memecoin Mania

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.

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Cryptocurrencies: 17,173
Markets: 1,282
Marketcap: $ 2.79 T
24h Vol: $ 108.59 B
BTC Dominance: 58.86%