Framework Ventures co-founder: MKR is one of the most undervalued tokens and is set for a value reassessment

ChainCatcher news, Framework Ventures co-founder Vance Spencer tweeted that MKR is one of the most undervalued tokens in the crypto space, but this situation 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, and it holds the largest RWA position among all protocols, with institutions like Blackrock competing to allocate it in their portfolios.

Additionally, MKR's trading price is only one-third of Ondo and Ethena's FDV. Founder Rune repurchased tokens during the market low, and MKR plans to enhance profitability, yield, and stablecoin supply by launching a new L1 chain and revaluation. All venture capital has been sold off during the bear market, and there is no longer any pressure from venture capital sell-offs.