Ryan Sean Adams, co-founder of Bankless, wrote: "Sentiment is so subdued that VCs are starting to calculate price-to-sales ratios for store-of-value assets."
Tom Lee, chairperson of the ethereum treasury company BitMine, responded that "this is a sign of a bottom."
Tom Lee: VC starts calculating value store assets price-to-sales ratio is the bottom signal
2025-12-04 16:58:58
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