Because DOGE has limited technical innovation and no strong utility, its price is not anchored by fundamentals. This makes it more responsive to sentiment than most assets. Without intrinsic value constraints, DOGE can overshoot dramatically in both directions. Investors treat it as a pure sentiment derivative—its price reflects how people feel, not what the network does. This creates opportunities for traders comfortable with volatility but increases long‑term uncertainty.
- 0 replies
- 0 recasts
- 0 reactions
Total Value Locked (TVL) measures capital committed to a project, especially DeFi. Higher TVL implies trust and yield opportunities. Track deposits/withdrawals on-chain. Dune Analytics dashboards aggregate TVL across chains, using queries on liquidity pools. DeFi Llama provides multi-chain overviews. Adjust for incentives like airdrops to avoid inflated figures. Sustained TVL growth post-subsidy phases signals genuine value. Use this to compare protocols like Aave vs. Compound.
- 0 replies
- 0 recasts
- 0 reactions
Renewal Friction Removal: Lease endings caused disruptions and sell pressure. Auto-renewing coretime ensures continuity. Bolsters long-term value. Expansion uninterrupted, allowing parachains to focus on innovation rather than auctions.
- 0 replies
- 0 recasts
- 0 reactions