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HenriqueCentieiro

ETH Crypto P/S Ratio

HenriqueCentieiro  
Fundamental Analysis
7
0
fundamental
P/S ratio = Crypto Asset Market Capitalization / Annual Sales Revenue

The indicator divides the Market Capitalization by the total annual ETH fees from Glassnode.

How to read it:
A low P/S ratio means that the crypto price is undervalued relative to the fees that are generated, while a high P/S ratio signifies that the price is overvalued.
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