Holochain was a great investment in the previous cycle as it ran against ETH more than 10 times.
I think if you're looking to increase your ETH position then accumulating Holochain would be an amazing strategy. In the previous cycle you can see the amount of time it took for the HOT/ETH pair to bottom out and took roughly 7 weeks to complete its bullrun.
If this is supposed to happen again then time wise we are approaching the area that it should.
Sadly this is a speculative play but when I look at the tokenomics behind HOT I can see that all tokens are in circulation, meaning there are no unlocks left and there is no staking as the FDV is equivalent to its Market Cap.
I am accumulating as the risk to reward for now is in my favour.
Have a great week folks.
I think if you're looking to increase your ETH position then accumulating Holochain would be an amazing strategy. In the previous cycle you can see the amount of time it took for the HOT/ETH pair to bottom out and took roughly 7 weeks to complete its bullrun.
If this is supposed to happen again then time wise we are approaching the area that it should.
Sadly this is a speculative play but when I look at the tokenomics behind HOT I can see that all tokens are in circulation, meaning there are no unlocks left and there is no staking as the FDV is equivalent to its Market Cap.
I am accumulating as the risk to reward for now is in my favour.
Have a great week folks.