Miturut The Daily Hodl - 1 taun kepungkur - Wektu Wacan: 2 menit
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 ngandhani 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.”
Analyst nambah 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 ateges 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 ngandika minggu kepungkur sing 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.”
mriksa price ActionAja Kantun Beat - langganan kanggo njaluk tandha email crypto sing dikirim langsung menyang kothak mlebu
Follow us on Twitter, Facebook lan Telegram
Surf Campuran Hodl Saben Dina
Priksa Headlines News Paling Anyar
Penafian: Panemu sing ditulis ing The Daily Hodl dudu saran investasi. Investor kudu nindakake kanthi teliti sadurunge nggawe investasi beresiko dhuwur Bitcoin, cryptocurrency utawa aset digital. Wigati dimangerteni manawa transfer lan perdagangan sampeyan duwe risiko dhewe, lan kerugian sing bisa ditindakake dadi tanggung jawab sampeyan. Daily Hodl ora nyaranake tuku utawa adol mata uang kripto utawa aset digital, uga The Daily Hodl minangka penasihat investasi. Elinga yen The Daily Hodl melu pemasaran afiliasi.
Gambar Pilihan: Shutterstock/Natalia Siiatovskaia/Tithi Luadthong
Posting Macro Expert Lyn Alden Says Most Altcoin Projects Built on Unsustainable Business Models muncul pisanan Saben dina Hodl.
Sumber asli: Saben dina Hodl