don't ask me how i got this
>>60160953chainlink is stinky lol
>>60161076You take that back, you're gonna hurt Sergei's feelings
>>60161089He is in Thailand fucking trannies on your dime you tr00ns.
>>60160953uh oh, fishy ain't gonna like this
>>60160953
>>60160953Based
>>60160953Impressive. Very nice.Now let's see the Chainlink network's (not Chainlink Labs') revenue.
But to my fellow linkies, we are BTFO by Ripple ngl Pic very much rel
>>60161550https://dune.com/linkpool/chainlink-revenueIt's around 100M USD per year.
>>60161663All of that is Ripple slushing its own tokens via subsidiaries like Singapore.
>>60160953Pffff laughable stats, if this is true stinkies are getting scammed harder than I thought
>>60161663thats literally token sales though isnt itI'm genuinely curious, does the xrp network make money? It's an L1 so it makes transaction fees. I'm also curious if they get money from any banks if even
>>60161846>thats literally token sales though isnt ityup
>>60161727That's pretty good but I'd describe the trend as grim (pic related). And at risk of being accused of moving goalposts, do price feeds revenue count (for token utility) since it's paid out by the contract operator and isn't a per-service on-chain transaction fee unlike all the other services? (if that makes sense... I mean how CCIP is paid per transaction directly to the NOP unlike how Price Feeds pays out).Seriously we're not where I thought we'd be at this point. I thought after a year of CCIP GA there'd be thousands of txs per day.
>>60161943You should apply for a jobs at Chainlink, you're on an anonymous message board rn.
>>60161846Difficult to say IMOAll these companies hold 5 other companies that are held by another company which is held by some law firm etc (you get the gist of it)Trying to find some nice information and chainlink, stellar, ripple all seem to make some bread at least. Also found the address for the cayman islands holding kek, ngl sirgay has a nice view there.All of this is pretty overvalued but some worse than others. If we would look at the ratios $10 for LINK is not too overvalued. $6 would be ideal slurp.
>>60161978>ripple all seem to make some bread at leastOnly from token sales, see >>60161871for the Singapore thing.>$10 for LINK is not too overvaluedLiterally the only way to rate whether a crypto is "overvalued" is to look at the ranking, not the nominal price.
>>60161969Would love to as I really want to see what's really going on there but I don't think I could get a job there without a big paycut compared to my current job.>>60161996>the only way to rate whether a crypto is "overvalued" is to look at the ranking, not the nominal price.How come?
>>60162104>How come?Because crypto is a separate asset class.Every crypto is only over or undervalued compared to other cryptos.
>>60162147Personally I still try to look at it as a stake in the companies business activities, and that is the best way filter out as much of the speculation and noise as possible. LINK is and will always be one of the most solid buys in this ridiculous space.
kek, here comes the cope narrative of baggies while link plummets to multi year lows against the market enjoy holding this shitcoin down to ICO prices lel
>>60162190>invests in speculative asset>wants to filter out speculationlol
>>60162219God i wish we get ICO prices but i doubt so
>>60162190>Personally I still try to look at it as a stake in the companies business activitiesJust buy stocks you fucking boomer
>>60161846>>60161780Biepum stfu you little seething faggot.
>>60160953Just sold some and aped into SUI, that’s the move for the smartfags.
>>60161076Kek, that’s why I diversified into CETUS and LOFI. Gotta stay 10 steps ahead.
>>60161089Let him cope and seethe. I’m still diamond handing this trash and farming airdrops and TONs on Boinkers TG like a true degen.
>>60161096yes, this anon is right. i can confirm
>>60160953oh my god these guys were born at the perfect time. I remember first hearing about the BTC in 2012-2013 when I was still in college.
>>60160953tokensimplynotneeded
>>60160953when you say "chainlink" are you referring to chainlink labs ltd or the actual funding token? how do you get to a $10B valuation on $5m of EBIT?
>>60160953looked up your info and cross-referenced it with their 31 dec 2023 annual report and it looks like this is legit at least
>>60168859>how do you get to a $10B valuation on $5m of EBIT?ask ripple kek
>>60169808Oh no
For those still interested I spent some more time digging and here is what I can conclude about the companies actually generating revenue from providing value: Ripple>ETH>LINK>ALGO>SOL>QNT>ONDO>ADA>HBARRipple, Ethereum and Chainlink all make hundreds of millions a year.Algorand, Sol and QNT are worth something. Algorand is probably the most undervalued currency out there right now. Ondo finance is of course new entrant, but is had received a $10,000,000 dollar investment from the likes of Kraken, Coinbase, Wintermute and Binance in december of 2024 (picrel) and is not to be ignored.Both Cardano and Hedera are a joke, making couch change, a couple million a year AT BEST.
>>60174796pointless metric when token sales count as revenue
>>60175724I wonder what it would look like if you subtracted out token dumps. Ripple wouldn’t be #1 that’s for sure.
