I wouldn't expect much from BAND they are without a doubt the worse oracle team in crypto. The only thing growing on this coin is its market cap, not its price, not its adoption just the market cap and thats because they lifted their maximum circulating supply to infinity and introduced enormous inflation to the protocol.
When it hit $2.80 a few days ago it reached its ATH market cap as well with $400 million market cap except the price is still down 90% from its ATH price. In 2021 when it hit its ATH price BAND was the #2 oracle in crypto now it is the #19 oracle and from 2021 to 2024 it has no new adoption no new chains using it. It would take a miracle to turn this coin around, for now the only people making anything on this coin are those staking it and all that is doing is helping keep par with BANDs 14% annual inflation rate
Smokerxxx
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@thecardiak, agree :) on Coinbase year ago or two it was on 80 place of popularity ranking, now 250 :( when BTC have +5% - BAND +5%, when BTC -5% - BAND -15% :D
When it hit $2.80 a few days ago it reached its ATH market cap as well with $400 million market cap except the price is still down 90% from its ATH price. In 2021 when it hit its ATH price BAND was the #2 oracle in crypto now it is the #19 oracle and from 2021 to 2024 it has no new adoption no new chains using it. It would take a miracle to turn this coin around, for now the only people making anything on this coin are those staking it and all that is doing is helping keep par with BANDs 14% annual inflation rate