What is a monetary model based on crypto asset aluation?
Could you elaborate on what constitutes a monetary model based on crypto asset valuation? I'm particularly interested in understanding how the evaluation of cryptocurrencies factors into determining their value and subsequently, their use within a monetary system. What economic principles underpin this model? How do market forces, such as supply and demand, influence the valuation process? Are there specific metrics or indicators that analysts look at to gauge the strength and potential of a particular crypto asset? I'd appreciate a concise yet comprehensive overview of this complex topic.