Home
News
Details

Dragonfly's Qureshi Compares Ethereum Valuation to Amazon

icon币界网
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
ETH
$2,979.71-0.51%
Ethereum news broke as Dragonfly’s Haseeb Qureshi compared the network’s valuation to early Amazon. He argued critics apply the wrong financial model, suggesting Ethereum should be viewed as a growth asset, not a value stock. Qureshi noted Ethereum’s fee revenue is pure profit and should not be compared to traditional earnings. He highlighted Ethereum ecosystem news by pointing to historical Amazon P/E ratios as a better benchmark than Ethereum’s current P/S ratio.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.