I think this is a good number. At the moment, it perfectly shows the realities of the market. It can be said that this is a base estimate without a speculative component.
Perhaps you are right, but it still seems to me that the valuation is understated. I think the market should be at least 2 times more than 200 billion, which is not enough for the cryptocurrency market.
It turns out that if you now have crypto assets, are you waiting for at least x2?