nah i think it is fairly priced for the current state of ftm
You think one of if not the fastest EVM chains on the market right now is fair priced at Rank 60 compared to others? I think it’s massively undervalued and should be at least Rank 30 from here and with Sonic should be pushing through the Top 20. That’s why it’s so disappointing to see it struggling here
market always has a hard time pricing in "technology" cause no one knows how it really is going to look or if people are going to even care, that is why i think people expecting it to overperform are just delusional just wait for it to get released if it is good and people care then it is literally the freest trade on "big" mcaps
This market really doesn’t care too much about tech that’s why you got some absolute dog shit littering the Top 10
the market is pricing in a chain that has no users, community that perma fuds, no ecosystem, low volume. That is what the current price of ftm reflects. If you think this valuation is wrong then you only need to wait it won't out perform out of nowhere
and that is exactly why ftm is top 60, market won't price in ftm technology
If FTM was at $1.50 then all that would change and everyone would be talking about how FTM is the future of France 🇫🇷
What?.. we have such a nice group with dedicated fudders. that must be worth a mc of a billion or 4 at least. 🤷♂
Wrong angle IMO. You cant control the price neither the momentum. The price tells you how the market currently values the asset. You literally said it yourself: you are disappointed. Means you have a thesis where ftm should be right now. But the market disagrees. Better perspective: adapt and accept the valulation by the market, collect as much data points as you can and ask yourself after you made up your investement thesis if its worth holding ftm or not. Rest is up to the market. You cant time the momentum. Gotta wait for it until the market prooves you right or wrong.
Your wrong if you think you can’t control the market, you absolutely can if you have pockets deep enough
True. But gotta know which game you are playing... :)
If you think you can control the market but are playing the retail game, you will get rekt.
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