Continue Partner Pima: TVL is a MEME, FDV is not a MEME

Pima, a partner at Continue Capital, shared ten insights into the crypto market on social media:
In the long run, MEV (Maximum Extractable Value) is a fundamental metric for measuring the development prospects of a chain.
TVL (Total Locked Position) is a type of MEME that requires the L1 Token price to be aligned with ETH before measuring capital turnover.
FDV (Fully Diluted Valuation) is not a MEME. Economic Security is a MEME and is not reliable (see LUNA/ATOM).
The execution layer is the largest place for value capture. The DEX data of a chain better reflects the prosperity of the ecosystem, and the data of stablecoins and L1Token-U/ETH trading pairs need to be removed.
The target audience of L1/L2 is developers, not community users, and the strategy should be centered around developers.
The phenomenon of the seven sisters of US stocks will also appear in the currency circle, and the market value and trading volume will be greatly concentrated.
Don't just focus on the number of users, but also on revenue. Finding a business model and monetizing users is the key.
By introducing the traditional investment system and valuation model into the cryptocurrency circle, value is the foundation of prosperity.