2026-01-06 16:30:30

The perspective on that currency does make sense. Looking at it from another angle—using the same data measured in USD—the increase is still a monster-level +713%, but this also reveals a problem: how much influence currency variables have. Sometimes, the sharp rise you see is half due to the project itself, and the other half might just be exchange rate fluctuations. That's why using USD as a benchmark is so important.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
6
Repost
Share

Comment

0/400

GasBandit

· 01-09 10:55

I've fallen into the trap of exchange rates before. You really need to keep your eyes wide open when looking at the increase. --- 713% sounds impressive, but half of it is water. This is something that must be taken seriously. --- Dollar valuation is the real deal; others are just illusions. --- That's why I only look at USD data. There are too many tricks with other currencies. --- Wake up, half of the sudden surge might be just currency manipulation. It's easy to be fooled. --- The key is to benchmark against the US dollar; otherwise, nothing will be clear.

View OriginalReply0

SerumSquirrel

· 01-07 20:21

The exchange rate trap almost made me fall. Damn, half of the increase is an illusion.

View OriginalReply0

RugpullSurvivor

· 01-06 16:59

Damn, the exchange rate thing is really a rip-off. Seeing it rise by 713% is actually half hype. The USD price is the real truth. Now I finally realize how badly I got screwed before.

View OriginalReply0

SadMoneyMeow

· 01-06 16:59

Oh, you're right... Exchange rates can really create bubbles --- 713% sounds great, but opening it up and looking at it, it's still quite speechless --- Exactly, half of the increase is floating around due to exchange rates --- I haven't seen it from this perspective; dollar valuation is indeed clearer --- Behind these scary numbers are all tricks, learned that --- So we still need to use USD as the standard, otherwise it's all an illusion --- This is the truth; valuing in local currency is just fooling ourselves --- Why didn't I think of this before... Does exchange rate influence so much --- 713% sounds good, but opening it up shows it's all thanks to exchange rates --- It's fundamental to compare using USD, right?

View OriginalReply0

NFT_Therapy

· 01-06 16:42

That's correct, USD valuation is the real truth. The local currency's appreciation is exaggerated.

View OriginalReply0

DeFiGrayling

· 01-06 16:32

713% is indeed impressive, but why does it feel like there's half water content? Exchange rates can really deceive people. The dollar's bottom line must be maintained. It doesn't seem as attractive anymore. This wave of market trend is a bit mysterious.

View OriginalReply0