3-1a4b2 Price can only convey so much 2-1b2 Play in different time horizon. That is, in the long-run. 2-1a7a3 Ben Graham - ‘Markets are a voting machine in the short term and a weighing machine in the long term’ 8-1b3f1 You can value tokens using traditional financial metrics (e.g., PE ratio) by studying the cash flows and burn rates of blockchain networks