Tom Lee: VCs Starting to Calculate Market Cap-to-Store of Value Ratio as Bottom Signal

BlockBeats News, December 5th: Bankless co-founder Ryan Sean Adams posted a message stating, "Market sentiment is extremely low, to the point where VCs are starting to calculate the market-to-sales ratio for store of value assets."

Ethereum treasury company BitMine's Chairman Tom Lee responded, saying, "This is a signal of the bottom."