It's obvious we currently have a DEX perp meta.



First big one was $HYPE, most recent was $ASTER and I think the next one is the TRX one

$ASTER is currently $800M circ and 8B FDV

It's rumored that the $SUN token will be used for the next TRX perp dex, and the token is currently at $500M

With all that in mind I think $AVNT is currently quite undervalued at $286M which is nearly 50% the marketcap of the TRX perp dex and nearly 25% the marketcap of the BNB one

I think it's likely we see a new ATH on it if the current chart structure holds up

The hyperliquid of base should definitely be valued closer to the TRX one, at least
HYPE-2,5%
TRX1,15%
SUN2,57%
AVNT-2,79%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin