Most underrated metric in a bear market?
Revenue.
My golden rule is that any protocol with high revenue during rough market conditions should be kept on a close watch.
These are my top 10 protocols by LTM revenue (below $1B MC):
1. @MeteoraAG (MET): $56.4M
2. @aave (AAVE): $21.9M
3. @AerodromeFi (AERO): $21.5M
4. @AethirCloud (ATH): $16.0M
5. @PancakeSwap (CAKE): $13.0M
6. @0xPolygon (POL): $12.5M
7. @Lighter_xyz (LIT): $11.3M
8. @JupiterExchange (JUP): $10.2M
9. @ORE (ORE): $9.6M
10. @LidoFinance (LDO): $6.6M
Bad conditions don't last forever, so I'd keep a close eye on each one here.
Bought BTC at $3.8K in 2020. Bears said $1.8K. It ran to $69K.
Bought at $15K in 2022. Bears said $10K. It did $74K.
BTC at $60K now, 2026. Bears say $50K.
Iβm betting $150K next few months.
In 2022 Luna was offering 20% yields on $14b
They collapsed with about 40 days of runway left in May 2022
This post was made when they had about $400m in reserves left
$STRC is offering 11.5% on $15.5b
They have about 6 months of runway left
MSTR currently has about $871m in reserves left
History doesn't repeat, but it sure as hell rhymes
$RXRX deep dive now live
Tomorrow's future trillion dollar companies are learning to read and write Biology
I believe $RXRX is a strong next-gen trillion dollar company candidate
$RXRX is a drug factory that designs itself
https://t.co/EzA2XFq5np