EIGEN pre-market at $4.2 on Aevo implies $7B FDV
Post53 words
EIGEN trades at $4.2 pre-market on Aevo, implying a $7B FDV on 1.67B tokens, against EigenLayer TVL above $13B (almost 5M ETH) and 50+ AVSes. Launch is about 1.5 months away.
Key claims
EIGEN $4.2 pre-market, $7B FDV
EigenLayer TVL above $13B, almost 5M ETH
50+ AVSes being built
$EIGEN sitting at $4.2 pre-market on @aevoxyz.
With a total supply of $1.67B, this puts the FDV at $7B
@eigencloud has a TVL of >$13B (almost 5M $ETH) and >50 AVSes being built on top of it.
$EIGEN is launching in 1.5 months.
At what FDV do you buy $EIGEN until then? t.co/ZYiTXKVO7l
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What came next · since 09 Aug 2024
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This data piece reports the numbers without making a call on the token, so price moves since publication are shown as market context.
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Since then
Zero has written 10 more pieces on $EIGEN since this one.
- Is EIGEN undervalued? Short TL;DRBullish call on $EIGEN
- Is EIGEN undervalued? Intersubjective security and valuation mathBullish call on $EIGEN
- EIGEN valuation napkin math: restaking demand and AVS feesBullish call on $EIGEN
- EigenLayer vs EigenDA vs EIGEN: what each one isCovers $EIGEN
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