still astounding to me how mid-curve ppl are when valuing HL just bc it is a profitable business
crypto ppl have never had to value something tangible so they drop all of their dreams and turn to price vs earnings like it's the 1930s
$10m+ daily burns will be the norm in bull market conditions btw
token price is not about valuations it's about if there is more buy pressure than sell pressure
and jords will not be selling anytime soon
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