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BallaJi
Aug 21, 2023 9:08 AM

#HEX Total Value locked on the path down to sub $50 million Short

Hex Total Value LockedDefi Llama

Description

and before haters start doing a dance on the coffin of Richard Heart.

This is HEX on Ethereum

HEX on #Pulsechain is 2X more valuable

But even Hex on pulsechain I do believe will continue to struggle for a while.

Most value from these two different HEX's should in theory migrate to the superior product and disinflationary token of Pulsechain

This is only makes sense as Ethereum enables more value creation than a simple store of value (bitcoin is a unicorn and nothing has comeclose to toppling it )

The market more easily understands the value proposition of smart contract platforms.

So Even thous Pulse is still down massively off its high's
It has better chance to recover going forwards than either of the HEX's

Comment



down we go.
Ppl knew..
the moment RH announced plans to create a ETH sidechain was the actual deathknell for this project
Comments
PA2793
do you think pulse bottomed?
BallaJi
@PA2793, I'm pretty confident it has more room to the downside. I think accumulating dry powder for the rest of the year, the way to go, to be honest ... you ain't missing anything.

But could potentially pick up 2/3/4 X more pulse... ???
Who knows.

There seems to be a ton of dark clouds gathering in the traditional economy.
We don't how quick things will unravel... and if a retrace turns, into a panic for the exits. ???
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