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RE: Is Crypto in a Hyper Bubble? Is it Not? Here is a NEW Technical method to know
Fair enough that P/E isn't the only way to value stocks. However, it was more of a stepping stone to provide some common ground, as an analogy, to the Market Cap : Daily Transaction Volume ratio.
And you're right about the fundamental issues inherent with the performance of any specific Crypto in the space. Do not deny that at all. However, what I tried to do here was focus on the Technical Analysis instead since the Fundamentals are a whole other story :)
Thanks for the thoughts!