If I am sincere, everything will crash ha ha ha ha ha ha Spark, which I did today, was no exception Sad but funny Research when you can buy and eat safely. 1. Current $SPK Status: - MC: $100m - TVL: $3.36b - MC/TVL: 0.0298 is key (You can see all these materials if you go to Coin Gecko or Defirama) 2. Compare competing projects: - Average MC/TVL per competitive project: 0.177 - Venus ($XVS) MC/TVL ratio: 0.061 3. Estimate of Reasonable Time Cap: - Even if the current Spark TVL of $3.36b is applied to the Venus level, the fair market cap is $200m - Just twice as much as it is now - If it recovers to its competitive average, it will have a market cap of $590m - It is calculated that it is possible to pump about 6 times as much as now😱 4. So when to buy: - But today's TGE is volatile, and it's not good to buy on the day of TGE. - I see the kids who got added throw it, and it's right to go in when the price stabilises. Even if you look at it conservatively, it seems possible to reach $200m in market cap It would be fine if you bought it in instalments below the current market cap of $100m. 5. But there are some things to be careful about: Spark is currently likely to drop TVL TVL is likely to decline because TGE is over If so, the current price may not be cheap. Don't forget~~~~ (I wonder if anyone knows this buzzword YouTuber ha ha) @sparkdotfi