🍁 Golden Autumn, Big Prizes Await!
Gate Square Growth Points Lucky Draw Carnival Round 1️⃣ 3️⃣ Is Now Live!
🎁 Prize pool over $15,000+, iPhone 17 Pro Max, Gate exclusive Merch and more awaits you!
👉 Draw now: https://www.gate.com/activities/pointprize/?now_period=13&refUid=13129053
💡 How to earn more Growth Points for extra chances?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to rack up points!
🍀 100% win rate — you’ll never walk away empty-handed. Try your luck today!
Details: ht
Bifrost ($BNC): A Glaring Valuation Disconnect in the Polkadot Ecosystem
The disparity between market cap and fundamental metrics can sometimes reveal hidden gems. Right now, one of the most striking examples is the comparison between Bifrost ($BNC) and Story ($IP).
Let's look at the numbers:
* Story's ($IP) circulating market cap is a staggering 318x larger than Bifrost's ($BNC).
* However, its 24-hour protocol revenue is only a mere 0.6% of Bifrost's.
This isn't an isolated case. Several other protocols also boast market caps dozens of times higher than Bifrost's while generating a fraction of its real, measurable revenue.
This level of mismatch between valuation and on-chain fundamentals would be almost unimaginable in traditional finance. It strongly suggests that Bifrost is significantly undervalued and currently trading in a window of opportunity before the market corrects this disconnect.
For those searching for projects where value hasn't been fully priced in yet, Bifrost ($BNC) is undoubtedly one to watch closely.