Also an important aspect of MetaDAO tokens: the treasury.
NAV matters here because holders govern the treasury directly through decision markets.
I think lots of people just see $CRED as some random governance token for now, but once they get it...

Credia Layer (CRED)
Credia Layer CRED Price History USD
Own CRED Now
Buy and sell CRED easily and securely on BitMart.Credia Layer X Insight
I like these MetaDAO tokens giving multiple no-brainer entries
$CRED ICO'd at $0.40 with $33M in commits at $4M max raise
The good:
- Payment volume has been up only
- Team tokens locked until price performs (2x, 4x, 8x, etc)
- Investors cliffs at 1 year
- 60% liquid
The bad: https://t.co/nQ1vtNJJmy
I saw $CRED at 13M few days back but I entered at $17M.
All because @crediblefin business already runs a capital efficient float model as it advances stablecoin liquidity so merchants in remittances, creator platforms and gaming get T+0 settlement without locking their own capital for days. That creates sticky, high friction volume traditional processors simply refuse.
At current levels I believe it is still being priced as a speculative ownership paper. Remember it is a regulated MSB with $900M+ processed volume whose net settlement margin is designed to flow to the token under MetaDAO control.
Imo the market has not yet connected the operating float to the actual claim structure.
h/t to @artemis for the data
There is a coin called $cred aka credible finance
In the last 24 hours, it is the most bought token by smart money on Stalkchain https://t.co/yRCVhBkI8t