First, congratulations to $DBR for exploding up 15 points today, but at the moment the circulating market cap is only just over thirty million USD.
$DBR has clearly been getting stronger recently and has also been outperforming the broader market. For many people, this is a price signal. But for deBridge, it’s more like the market is starting to re-price what’s being used in “real usage.”
deBridge @debridge hasn’t delivered a story over these past few months—it’s delivered usage. deBridge is no longer just a cross-chain bridge. Increasingly more users are using it for something more direct: executing on-chain opportunities. You can execute same-chain transactions, or execute cross-chain transactions.
In addition, deBridge protocol revenue has been steadily buying back $DBR. I’m bullish on deBridge not because of any single bullish candle, but because usage comes first and price comes later. I still believe $DBR is vastly undervalued.
$DBR has clearly been getting stronger recently and has also been outperforming the broader market. For many people, this is a price signal. But for deBridge, it’s more like the market is starting to re-price what’s being used in “real usage.”
deBridge @debridge hasn’t delivered a story over these past few months—it’s delivered usage. deBridge is no longer just a cross-chain bridge. Increasingly more users are using it for something more direct: executing on-chain opportunities. You can execute same-chain transactions, or execute cross-chain transactions.
In addition, deBridge protocol revenue has been steadily buying back $DBR. I’m bullish on deBridge not because of any single bullish candle, but because usage comes first and price comes later. I still believe $DBR is vastly undervalued.