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10:18
Feb 03
Jordi Alexander Founder/CIO, Seleni Capital The Block
Jordi notes that altcoins are "really depressed" and back to baseline prices. He explicitly names LayerZero and EigenLayer as examples of "super big names" that are now cheap. The market has indiscriminately sold off these assets due to the October 10th liquidation cascade and general nihilism. This is a "survival bet." If you believe these protocols will exist in 3 years, the current price represents deep distress value rather than fundamental valuation. LONG (Distressed Value). Buy the "fallen angels" that have real tech but broken charts. The project could actually go to zero if they fail to pivot to a revenue-generating product model.
EIGEN 1ST

About EIGEN Analyst Coverage

Buzzberg tracks EIGEN (EigenLayer) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked.