Looking at the flashy $865 million in revenue for $USDC this quarter, I almost thought the market had really exploded. 🤯
I got excited and jumped in with the money flow, but when I sat down to break down the numbers, I was stunned. 📉
Turns out nearly $182 million of it came from token presale revenue $ARC , not core revenue. ⚡
Subtract that, and actual revenue is still down year over year, even though trading volume $SOL or $ARC remains high. 💔
Expanding usage is one thing, but turning it into sustainable profits is a major challenge. 👀
Are you guys riding your gains right now, or have you taken a close look at the underlying core numbers? Share in the comments! 👇
DYOR - Personal experience shared, not financial advice.
I got excited and jumped in with the money flow, but when I sat down to break down the numbers, I was stunned. 📉
Turns out nearly $182 million of it came from token presale revenue $ARC , not core revenue. ⚡
Subtract that, and actual revenue is still down year over year, even though trading volume $SOL or $ARC remains high. 💔
Expanding usage is one thing, but turning it into sustainable profits is a major challenge. 👀
Are you guys riding your gains right now, or have you taken a close look at the underlying core numbers? Share in the comments! 👇
DYOR - Personal experience shared, not financial advice.
