hex did a 58x in the first 6 months exactly from all time low 0.00005565 to 0.0033
this was a period of sideways action of hex
the lowest it got after that was 0.002 which was about a 35% dip that was given multiple times as opportunities to buy before the real run that lay just ahead after bpd
so with pls what can we expect in the first 6 months
i want a 50x
is it reasonable?
well what did hex do. a 58x
what does pls have that hex doesn't?
well pls has 10x at least the user base and demand base.
it is a network layer 1 like eth, where hex only rides on eth and is analagous to being a store of value like btc
so we have the pumpamentals of eth 2.0, incentivization for validators to come online, the highest performing project in history and its community of fantatics going to migrate their money to pls side assets, 2 years of pent up energy and demand for pls ready to blow, and perhaps 10x more people waiting to buy pls and plsx and phex on pulsechain than ever existed at the time of the holy sacrifice.
50x is pessimistic therefore
on order of 1:5 too low
or maybe 1:3
taking into account the higher net demand of energy coming to pulsechain than was coming into hex at its start
so 100x in 6 months? sure, by my reason and logic i'd say that is highly probable
not even mentioning macro context of bullish conditions in crypto and btc poised to go to 40k/50k over the summer after a dip to either 25k or 23k
after the sideways period of the 58x in 6 months of hex (june 3rd, 2020) you got another multiple of 136x on that first 58x.
these were the two major eras of hex before the top
breaking it down this way allows us to imagine what pls may do
phase 1 is first 6 months of hex : 58x, 35% dip opportunities from 0.0033, back to 0.0033.
phase 2 is post-first_6_months of hex plus 463 days : 136x on that 58x (from 0.0033) to .45c
(so we have the pumpamentals of eth 2.0, incentivization for validators to come online, the highest performing project in history and its community of fantatics going to migrate their money to pls side assets, 2 years of pent up energy and demand for pls ready to blow, and perhaps 10x more people waiting to buy pls and plsx and phex on pulsechain than ever existed at the time of the holy sacrifice.)
if you can account for these and add it in and assume only equal demand for pls as there was for hex PLUS the additional demand for these reasons aforementioned... then
so let's say 100x for phase 1. and then increase hex phase 2 numbers by a factor of 1.5, that would be 204x instead of 136x for pls phase 2
taken together estimated top of pls in 6 months plus 463 days post mainnet would be : 100x * 204x = 20,400x
hence from sac avg entry point at 0.0001 then times 20,400 = $2.04
alright well that's my prediction for top of $PLS is $2.04
in 643 days post mainnet zero hour
we can only see what we think is possible...
the only way this calculation changes is IF PLS goes any lower on the market than avg sac point 0.0001
if it makes a lower low than that then this calculation will be adjusted to reflect this which will bring down the ultimate ath target
but i seriously doubt we will see lower than 0.0001 ever
i think that's long gone
coming to think of it the decision to inflate the supply for purely psychological reasons is brilliant
0.0009 seems pretty much the same with 0.0001 lol
when you're talking a fork of eth and a network token that everyone wants to avoid going broke with eth gas fees
interesting that hex more or less was around 0.0001 when it started in december 2019
i wonder if rh inflated the pls supply to match hex's price during that time on purpose
keep in mind in 129 days from the atl of hex at 0.0005655 to the peak at 0.0063 it did a 111x
from jan 5 which was 33 days after dec 3rd
so a dip for a month could be possible too