According to @adriannewman21, $ALTS appears undervalued at current pricing, citing an implied 20B figure alongside $WLFI; source: @adriannewman21 on X, Sep 1, 2025. The same post contrasts PERP at 35B, highlighting a valuation discrepancy; source: @adriannewman21 on X, Sep 1, 2025. Based on these figures, ALTS screens at roughly a 43% discount versus PERP on this comparison, a relative-value setup traders may monitor; source: @adriannewman21 on X, Sep 1, 2025.