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An interesting phenomenon is worth pondering. The profitability of a certain project has already surpassed 99% of the top 100 projects in the crypto market, which is indeed impressive. But at the same time, its FDV is only $1.7 million.
Two facts are in front of us: on one side is outstanding revenue performance, and on the other side is a relatively undervalued market cap. These two data points shouldn't coexist long-term. Which one will ultimately change? Will high revenue support an increase in valuation, or is the current low FDV unsustainable?