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​​Top 15 Chains by FDV to TVL Ratio The lower FDV to TVL ratio, the more undervalued a project. Fusion - 0.13 Merlin - 0.94 Mode - 1.20 Tron - 1.22 Acala - 1.23 Mixin - 1.28 MAP Protocol - 1.51 Arbitrum - 2.14 Kava - 2.41 Gnosis - 2.45 Ethereum - 2.80 MultiversX - 2.90 Thorchain - 3.16 Osmosis - 3.73 Metis - 4.76 #ai #eth‬ #altcoins #BlackRock #MicroStrategy

​​Top 15 Chains by FDV to TVL Ratio

The lower FDV to TVL ratio, the more undervalued a project.

Fusion - 0.13

Merlin - 0.94

Mode - 1.20

Tron - 1.22

Acala - 1.23

Mixin - 1.28

MAP Protocol - 1.51

Arbitrum - 2.14

Kava - 2.41

Gnosis - 2.45

Ethereum - 2.80

MultiversX - 2.90

Thorchain - 3.16

Osmosis - 3.73

Metis - 4.76

#ai #eth‬ #altcoins #BlackRock #MicroStrategy

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⚡️ News Flash - 3 Jun 2024 ! 1️⃣ Dubai Reduces Fees for Recognizing Crypto Tokens to $5,000 The DFSA has revised its crypto token regulations to allow domestic qualified investor funds to invest up to 10% in unrecognized tokens and reduced the token recognition fee from $10,000 to $5,000. 2️⃣ Bitcoin Investor Michael Saylor Reaches $40 Million Settlement in Tax Fraud Case Michael Saylor, founder of MicroStrategy, agreed to pay $40 million to settle a tax fraud lawsuit with the D.C. Attorney General. The lawsuit claimed Saylor pretended to be a resident of Florida or Virginia to avoid D.C. taxes. Saylor will pay the amount in full, with no contribution from MicroStrategy. 3️⃣ Former Binance CEO CZ Commences 4-Month Jail Term in California Changpeng Zhao, the founder of Binance, has begun a four-month prison sentence in California for failing to prevent money laundering at the exchange. He will serve his time at Lompoc II, a low-security facility in Santa Barbara county. 4️⃣ Binance Co-founder Disputes Accountability for $1M Trading Loss on Compromised Account Yi He, Binance co-founder, denied a security breach caused a $1 million loss for a user, attributing it to the user's compromised computer. On the same day, a trader claimed their account was manipulated without their password, resulting in losses, and said they didn't receive security reminders from Binance. 5️⃣ Frax Finance X Account Hacked, CEO Suspects Inside Job Frax Finance's X social media account was hacked without password changes. CEO Sam Kazemian asked followers for help to contact X customer service. It takes about 72 hours for X to address such issues, requiring a support request with a linked email address and providing more information as needed. #Megadrop #MtGox #StartInvestingInCrypto #ETHETFsApproved #FIT21
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