Fantom flips Solana and Avalanche on TVL, mcap/TVL under 0.6
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Fantom passed Solana and Avalanche in TVL with about 130 protocols and over 9bn TVL against a 5bn market cap. The mcap/TVL ratio below 0.6 is read as undervaluation.
Key claims
Fantom TVL above 9bn vs mcap of 5bn
About 130 protocols on Fantom
Mcap/TVL under 0.6
$FTM has flipped $SOL and $AVAX in terms of TVL!👻
Looking at the mcap/TVL ratio, $FTM is still so damn undervalued. ∼130 protocols and a TVL of >9bn, while mcap sits at only 5bn🤯
Mcap/TVL ratio of <0.6!!!
Times of maximum fear are the times of maximum opportunity🚀
$FTM
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