Crypto investors are looking past market-cap rankings and back to fundamentals
Investors are starting to judge crypto tokens on usage, economics and value capture rather than market-cap rank, industry executives said.
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Summary
- Investors are starting to assess each token’s market opportunity, adoption and value capture rather than its market-cap rank, crypto executives told CoinDesk.
- Wealth managers entering crypto care little about CoinMarketCap rankings and instead examine individual projects, they said.
- Hyperliquid is an early example, with investors valuing HYPE against the platform’s activity and economics.
