TechFlow news, on July 15, Vance Spencer, co-founder of Framework Ventures, said on Twitter that MKR is one of the most undervalued tokens in the crypto space, but this won't last long. MKR currently captures nearly 40% of DeFi profits on Ethereum, making it the third-largest crypto application after ETH and SOL, while holding the largest RWA position among all protocols, with institutions like Blackrock racing to allocate it into their portfolios. Moreover, MKR trades at just one-third the FDV of Ondo and Ethena. Founder Rune repurchased tokens during market lows, and MKR plans to enhance profitability, yields, and stablecoin supply through launching a new L1 chain and re-denomination. All venture investors have already sold out during the bear market, eliminating further VC selling pressure.
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