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Liquid Token's Promising Flywheel and Staking Impact
With approximately 66% of its circulating supply, the token's market capitalization is around $35 million based on current data. It generates over $4 million annually in fees from liquid staking via Liquid.ag. A close comparison is with Jupiter, which is similar in scope. The recent launch of LIQD staking has facilitated almost 44% of the circulating supply to be staked, earning staking fees in the form of $HYPE. This structure creates a powerful economic flywheel, making it one of the more attractive options currently available. Additionally, the presence of a 7-day withdrawal lockup on staking contributes to a potential supply shock scenario.
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AI Analysis
The current market cap of approximately $35 million derived from 66% of the circulating supply indicates a modest valuation relative to its on-chain metrics. The annualized fee income of over $4 milli...
AI Recommendation
Based on the current data and analysis, increasing exposure to Liquid seems justified given its strong staking engagement and promising revenue streams. Investors should consider participating in stak...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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