Based off of a significant retrace of over 98% setting new all time highs are unlikely and one should be targeting retraces only during the next cycle. My aim for this one is the range between 0.618 and 0.702 with possible overperformance of .786 which is :
.60c
.73c
$1.0
Long from now can yield a x10 gain but better projects are available for similar to higher gains with less risk.
Cons for RARE has been
*Inflation and dilution - extreme token dilution throughout with little to no buying pressure and volume
*Marketing - poor and big players withdrawing
*Market cap - started pretty high and got sold off with the new tokens flooding the market and market health wasn't helping throughout
Pros (not many)
* All time low set 28 days ago (can be seen as a con as BTC has been in a bull market since beginning of 2023)
*Dilution over 50% now so tokenomics not as bad as before
*98% correction and not significant retrace yet
.60c
.73c
$1.0
Long from now can yield a x10 gain but better projects are available for similar to higher gains with less risk.
Cons for RARE has been
*Inflation and dilution - extreme token dilution throughout with little to no buying pressure and volume
*Marketing - poor and big players withdrawing
*Market cap - started pretty high and got sold off with the new tokens flooding the market and market health wasn't helping throughout
Pros (not many)
* All time low set 28 days ago (can be seen as a con as BTC has been in a bull market since beginning of 2023)
*Dilution over 50% now so tokenomics not as bad as before
*98% correction and not significant retrace yet