https://ift.tt/2GrPY6B a fruit of rapid technical and business development, Binance's BNB token cemented its position in the top 10. In fact, BNB (#9) has a market cap almost twice that of its rank contender, Cardano (#10).BNB holders had a year worth celebrating, building wealth through more than just token appreciation as Binance gave out millions to holders through various events, including massive airdrops.Given that Binance burned $114.9M, it has an indirect P/E of 23.8, almost in line with the P/E of ICE, the owner of world's biggest exchange, NYSE.Is BNB overvalued or undervalued?
Submitted January 28, 2020 at 11:53PM
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