Peter Thiel-Backed Crypto Stock ’Overpriced’ Warns Compass Point—But Bulls Aren’t Backing Down

Not every crypto play gets a free pass—even with heavyweight backing.
Compass Point just dropped a valuation bomb on a Peter Thiel-supported crypto stock, calling it overvalued despite the Silicon Valley seal of approval. The analysts aren’t buying the hype—and neither should you without a deeper look.
Thiel’s name might open doors, but it doesn’t guarantee returns. In crypto, even legendary investors can back the wrong horse—or at least an overpriced one.
Timing, traction, and tokenomics still trump big names every time. Maybe the analysts have a point—or maybe they’re just missing the next big wave.
After all, since when did Wall Street ever understand disruption before it was too late?