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gunther_vonharringa
Mar 11, 2021 2:06 AM

Hex Creates New All-Time High at 8.5 Cents Long

HEX / USD COIN on Ethereum (F6DCDC...7B5824)Uniswap v2 (Ethereum)

Description

The idea is based on price performance of Bitcoin (2010) when it had ultra-low liquidity.

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Comments
gunther_vonharringa
Price prediction looking rather good thus far.
VOI7E
So far so good. :) HEX
gunther_vonharringa
@VOI7E, Yup. Now we wait patiently and see what happens.
TrailingBlazer
well, nothing is impossible in crypto, this is very optimistic with all stakes releases in March-April, let's see how it goes, ty
gunther_vonharringa
@TrailingBlazer,

That’s a fair point.

There are big stakes ending on 3/15. However, the majority is most likely owned by a major hedge fund.

It is more probable that the hedge fund will simply restake to accrue fat stacks of trustless interest.

And, this specific hedge fund will hold hex as a long-term illiquid asset on its balance sheet since it is a winning asset.

The price target featured on the chart is actually a very conservative target given that the liquidity for hex is ultra-low and price has consolidated for 10 consecutive months.

Therefore, a major expansion wave is expected.

You might see something similar to Ethereum or Verge expansion waves that unfolded in the early days of those assets.
VOI7E
@gunther_vonharringa, Excellent point!
gunther_vonharringa
@VOI7E, Thanks.
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