Is $ETHFI super undervalued?
Let's break it down into its two major products ↓
EtherFi Stake
- $10 billion TVL
- $360m annuallized fees
- $116m annualized earnings
EtherFi Cash
- $90m spent so far (>$1m daily)
- 35,000 issued cards
- 1m+ transactions
- Best neobank & crypto card I've ever used
$ETHFI is currently down 70% from its ATH, trading at a $520m market cap. At the same time, its metrics and adoption are hitting new highs daily.
Neobanks and staking are only going to get bigger every day, and @ether_fi is positioned to be the market leader.
Bullish.
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