SUSHI / TetherUS
Long

Sushi is undervalued

391
Sushi is undervalued with a P/E of 5.44x when the defi average is currently 160.34x (according to token terminal). The Bentobox should be coming out soon and the team has big plans this year including crosschain swaps with thorchain and a partnership with bao finance to introduce synthetic assets and lastly with archer dao which will bring MEV to Sushi. If all goes as planned then sushi is very undervalued in its current state and is just starting its parabolic ascent. Tesla P/E currently is 1600 and crypto usually out does stocks I will be ultimately looking for a top above a P/E of 2000 for sushi and an overall TVL for Defi of 100b +

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