Citing HashNews, multiple blockchain projects currently trade at market caps significantly below their venture capital valuations, reflecting market corrections. Humanity Protocol, Fuel Network, and Bubblemaps are each valued at $1 billion by VCs but have market caps of $285 million, $11 million, and $6 million, respectively. Other projects like Plasma, ICNT, and Everlyn also show large gaps between VC valuations and market caps.
Fuel, Bubblemaps, and Humanity Protocol Market Caps Far Below $1B VC Valuations
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Summary
Market trends show several blockchain projects trading far below their VC valuations, according to HashNews. Humanity Protocol, Fuel Network, and Bubblemaps are each valued at $1 billion by investors but have market caps of $285 million, $11 million, and $6 million, respectively. Market analysis reveals similar gaps for Plasma, ICNT, and Everlyn. The data highlights ongoing market corrections across the sector.
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