may be time to go shopping in the depin token rubble valuations have been crushed even as adoption increases on demand side for many protocols some interesting stuff at sub-$100m market caps, which is cheaper than many pre-tge rounds where tokens are locked for years

Biggest issue has been DePin tokens lacking formal exposure to network economics. The best eams + investors know and will update economics. It’s clear you unlock way more value by making your token valuable rather than siphoning profits to equity and being a mediocre SaaS biz