Ka The Daily Hodl - 1 selemo se fetileng - Nako ea ho Bala: Metsotso e 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 e re 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.”
Mohlahlobisisi oa phaella 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 e phethela 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 itse bekeng e fetileng hore 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.”
Sheba theko ActionU se ke Ua Lahleheloa ke Beat - Subscribe ho fumana litlhokomeliso tsa imeile tsa crypto tse tlisoang ka kotloloho ho inbox ea hau
Latela re ka Twitter, Facebook 'me thelekramo
lefilo Motsoako oa Daily Hodl
Lekola lihlooho tsa litaba tsa moraorao
Boitlhotlhollo: Maikutlo a hlahisitsoeng ho The Daily Hodl ha se likeletso tsa ho tsetela. Batseteli ba lokela ho ikitlaetsa pele ba etsa matsete a nang le kotsi e kholo ho Bitcoin, cryptocurrency kapa thepa ea dijithale. Ka kopo o eletsoe hore liphetisetso le mesebetsi ea hau li kotsing ea hao, 'me ho lahleheloa ke eng kapa eng eo u ka bang le eona ke boikarabello ba hau. Daily Hodl ha e khothaletse ho rekoa kapa ho rekisoa ha li-cryptocurrensets kapa thepa ea dijithale, ebile The Daily Hodl ha se moeletsi oa matsete. Ka kopo hlokomela hore The Daily Hodl e nka karolo papatsong e kopanetsoeng.
Setšoantšo se hlahang: Shutterstock/Natalia Siiatovskaia/Tithi Luadthong
Potso Macro Expert Lyn Alden Says Most Altcoin Projects Built on Unsustainable Business Models e hlahile pele ho Daily Hodl.
Mohloli oa pele: Daily Hodl