Site na Daily Hodl - 1 afọ gara aga - Oge Ọgụgụ: nkeji 2
Macro Expert Lyn Alden Says Most Altcoin Projects Built on Unsustainable Business Models
A macro analyst is weighing in after the sudden collapse of two large-cap crypto assets sent shockwaves through the industry.
Macro expert Lyn Alden agwa their 433,300 followers that many altcoin projects rely on business models that purposely lose money in order to generate revenue.
“If you make a business selling $20 bills for $10 each, your revenue growth will be massive and your total addressable market will be nearly infinite.
But of course it’s unsustainable.
Many altcoin projects and persistently unprofitable growth stocks, are basically that.”
Onye nyocha agbakwunye that when businesses try to pivot into profit by raising prices, that’s only possible when the product itself is seen as valuable.
“The idea with these business models is generally that after the initial cash-burn phase of growth, they’ll be able to raise prices.
And this works sometimes, but only if the end product is indeed desirable for its own sake, rather than because it’s massively underpriced.”
Alden kwubiri by specifically mentioning EarthUSD (UST), the algorithmic stablecoin whose de-pegging from the US dollar quickly caused the affiliated Terra (LUNA) cryptocurrency to crater from $80 to a fraction of a penny earlier this month.
“This was the idea with TerraUSD as well. It’s like, ‘Let’s offer people unsustainable high yields to draw them in, and maybe after enough time and scale, somehow people will want to use this structurally unstable thing to actually pay for real things with.’
But no.”
In comparison to unsustainable blockchain projects, Alden kwuru last week that Bitcoin (BTC) was signaling a bottom had been reached in the mid-$20,000 area and might now be approaching an area of “deep value.”
Tulee price ActionEchefula Beat - Idenye aha iji nweta ozi mkpu email nke a na-enyefe na igbe mbata gị
Soro anyị na Twitter, Facebook na telegram
ịwagharị Ngwakọta Daily Daily
Lelee Isi akụkọ kacha ọhụrụ
Ngọnarị: Echiche ndị e gosipụtara na Daily Hodl abụghị ndụmọdụ ntinye ego. Ndị na-etinye ego kwesịrị ime mkpebi siri ike tupu ha etinye ego ha nwere nnukwu ihe ọghọm Bitcoin, cryptocurrency ma ọ bụ ihe dijitalụ. Biko nye ndụmọdụ ka ị nyefe gị na azụmaahịa gị nọ n'ihe egwu gị, na ihe ọ bụla funahụrụ gị nwere ike ịbụ ibu ọrụ gị. Daily Hodl anaghị akwado ịzụrụ ma ọ bụ ire nke ihe ọ bụla cryptocurrencies ma ọ bụ akụ dijitalụ, ọbụnadị Daily Hodl abụghị onye ndụmọdụ itinye ego. Biko rịba ama na Daily Hodl na-esonye na ahịa mmekọ.
Onyonyo ewepụtara: Shutterstock/Natalia Siiatovskaia/Tithi Luadthong
The post Macro Expert Lyn Alden Says Most Altcoin Projects Built on Unsustainable Business Models pụtara na mbụ Hodbọchị Hodl.
Isi mmalite: Hodbọchị Hodl