Most Ethereum valuation models indicate ETH is undervalued: Analyst
Summary
Ki Young Ju, CEO of CryptoQuant, reported that nine out of twelve widely used Ethereum valuation models suggest that Ether (ETH) is currently undervalued relative to its price above $3,000. A composite fair value derived from all twelve models estimates ETH's worth at approximately $4,836, representing a potential gain of over 58%. Models used include App Capital, which values ETH at $4,918 based on on-chain assets, and Metcalfe’s Law, which projects a significantly higher price of $9,484. However, the Revenue Yield model, deemed the most reliable by ETHval's criteria, suggests ETH is overvalued by over 57%, pricing it around $1,296, reflecting concerns over the network's declining revenue generation and competition.
(Source:Cointelegraph)