Post by @bankless • Hey

Understanding $BONSAI, the token of choice for NFT mints on Lens! https://www.bankless.com/the-bonsai-opp

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I like this ;-) "That said, though, the current market cap of $BONSAI is only $ 6M compared to the $ 244M of $DEGEN, which makes the latter more than 40x bigger right now. Yet is $DEGEN 40x more interesting, fundamentally speaking? If $BONSAI can even reach half the market cap that $DEGEN enjoys today, then its current $ 0.02 price will 20x to $ 0.4. And with the Lens culture scene on the rise and with apps like Hey and Orb catching steam, I don't think gaining ground like this is out of the realm of possibility."
Great write up 👏🏽