An interesting phenomenon has emerged on Epic Chain — ecosystem tokens are actually more valuable than L1 tokens.
The top on-chain project $COLLECT (driven by the Fanable app) is currently valued at about $250 million. However, the L1 token $EPIC that supports the entire chain's operation has a market cap of only around $21 million.
In other words, the FDV of the ecosystem project is more than ten times the market value of the underlying public chain. This inverted situation is rarely seen on other chains. Usually, L1 tokens carry the value expectations of the entire ecosystem and should be more valuable. But Epic Chain presents a completely opposite answer — which may reflect the market's confidence in this ecosystem project, or it could also imply that the L1 token still has significant pricing potential.
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SchrodingerGas
· 12h ago
This inversion is ridiculous; the ecosystem token is ten times the underlying token... Is the arbitrage opportunity fully exploited, or does it indicate that $EPIC is completely undervalued?
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MEVHunter
· 01-09 20:48
yo this reeks of classic mispricing arbitrage... $EPIC getting absolutely buried while $COLLECT pumps? that's either market stupidity or someone's quietly accumulating the L1 before the floodgates open ngl
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BearMarketSurvivor
· 01-09 11:58
Wait, EPIC has a market cap of only 21 million? Doesn't that mean the underlying is seriously undervalued? The ecosystem token being pumped to 250 million actually seems suspicious.
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BearHugger
· 01-08 15:53
Hey, this doesn't seem right. Is $EPIC this cheap?
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LowCapGemHunter
· 01-08 15:51
Haha, the pricing of EPIC is just too outrageous. Ecosystem tokens crushing L1? There must be arbitrage opportunities here.
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LayoffMiner
· 01-08 15:38
Wow, this inverted phenomenon is really outrageous. Only 21 million L1? What are they waiting for? Does EPIC have to wait for ecosystem projects to dump in order to rise?
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AirdropBlackHole
· 01-08 15:36
Wait, $EPIC only has a market cap of 21 million? Isn't this like giving away money? The ecosystem token's market cap is ten times inverted. Is the underlying public chain asleep?
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CryptoComedian
· 01-08 15:34
Laughing and then crying, $EPIC has a market cap of only 21 million, yet the ecosystem projects are towering and solid. Is this prompting the underlying public chain to reflect in the corner?
An interesting phenomenon has emerged on Epic Chain — ecosystem tokens are actually more valuable than L1 tokens.
The top on-chain project $COLLECT (driven by the Fanable app) is currently valued at about $250 million. However, the L1 token $EPIC that supports the entire chain's operation has a market cap of only around $21 million.
In other words, the FDV of the ecosystem project is more than ten times the market value of the underlying public chain. This inverted situation is rarely seen on other chains. Usually, L1 tokens carry the value expectations of the entire ecosystem and should be more valuable. But Epic Chain presents a completely opposite answer — which may reflect the market's confidence in this ecosystem project, or it could also imply that the L1 token still has significant pricing potential.