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![0xadriandefi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1658795938821951489.png) adrian defi [@0xadriandefi](/creator/twitter/0xadriandefi) on x 1735 followers
Created: 2025-07-15 18:15:31 UTC

To find the best opportunities, track the mNAV ratio:

• mNAV >1: Market bullish, raising more capital, buying more ETH.
• mNAV <1: Market cautious, less buying pressure.

@SharpLinkGaming is high (2.37x), but @NasdaqBTCS is still near XXXX —signaling potential upside. But beware of the risk of share dilution which can depress stock prices.

![](https://pbs.twimg.com/media/Gv6v4OlbMAAoUsw.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945185472504062186/c:line.svg)

**Related Topics**
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)

[Post Link](https://x.com/0xadriandefi/status/1945185472504062186)