Tom Lee: VC's calculation of price-to-sales ratio for store-of-value assets signals a market bottom
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Jinse Finance reported that Ryan Sean Adams, co-founder of Bankless, stated, "Market sentiment is so extremely low that VCs have started calculating the price-to-sales ratio for store-of-value assets." Tom Lee, chairman of Ethereum treasury company BitMine, responded, "This is a bottom signal."
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