What Are Common Valuation Metrics for a Cryptocurrency with an Existing Product?

Common metrics extend beyond traditional crypto measures like Market Cap and Fully Diluted Valuation (FDV). They include Price-to-Earnings (P/E) ratios applied to the company's existing revenue, factoring in the portion generated by the token ecosystem.

Other key metrics are Daily Active Users (DAU), Total Value Locked (TVL) if the platform involves DeFi, and Price-to-Sales (P/S) based on the token-driven revenue.