Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2021-11-11 01:08:24

Tokens.com Looks Overvalued Based On Fundamentals

The company invests in cryptocurrencies and it has a portfolio that should be worth around $33.3 million as of the time of writing.However, its market capitalization has soared past $120 million and it seems that the reason behind this could be retail investor interest.Tokens.com seems to be popular on several social media websites, including Twitter, StockTwits, and reddit.The company’s market valuation is unlikely to stay disconnected from the value of the cryptocurrency portfolio and I view this one as a sell.The short interest rate stands at 14.84%.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.