An interesting project comparison. This coin is currently valued at 6 million, but what if we look at the real fundamentals? It’s actually only worth a little over 200,000! Such a huge gap—does this mean it might be seriously undervalued?

From the perspective of the multiple difference between market cap and actual value, it’s indeed quite imaginative. According to this logic, even a partial return to the true value would be enough to support a rise of several million. Of course, the premise is that the project itself can deliver on expectations; otherwise, it could turn out to be a false dawn.

Such arbitrage opportunities based on value differences occasionally appear in the crypto space. The key is how well you understand the project’s fundamentals. There are many projects with underestimated market caps, but only a few can truly succeed. So, this buying logic looks good, but risk management still needs to be in place.