In a recent episode of the Empire podcast, Jeff Dorman, CIO of Arca, discussed how to assess the real value of cryptocurrency. According to Dorman, there are three primary types of value: financial, utility, and social.

Financial value arises from actual revenues or cash flows, while utility value relates to the functional applications of the asset. Social value indicates the asset’s perceived worth by the community or society at large.

The debate about XRP’s worth continues amidst market fluctuations. Experts, including Dorman, suggest that its financial prospects still hold significance despite any overvaluation perceptions. As cryptocurrencies navigate through volatility, understanding their varied value types becomes essential for investors. Evaluating such aspects enables crypto enthusiasts and investors to make informed decisions about their holdings. With the cryptocurrency landscape constantly changing, staying updated on expert opinions like Dorman’s adds an extra edge in the investment realm.