RE: HoloZing: Naming Contest, Liquidity Pool, and Trading Strategy
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Worth mentioning that the price you stated at the end is more of a "base" price where selling under that would have gone against HP APR of delegators. There's many factors involved as to why the price could be quite higher, like being part of staking Zing early but not having the HP to compete for delegation rewards or wanting to be in the LP from day 1 but not having unstaked enough. On top of other speculation like knowing there will only be about 100-200M tokens after 1 year depending on how far the game has come along by then. Then you also have the price of Hive in the factor and its fluctuations, etc.
It will take some time I believe for the price to hit a bottom, aside from unstaking taking 4 weeks in total other inflation rewards are also still settling in like HP delegations still growing and the project being quite young thus many not knowing about it yet, as was shown by many POSH holders not even claiming their "free" Zing yet.
That "trading strategy" could be the logical decision after reading that "base price" you gave. Nevertheless, the market generally doesn't follow logic but the dominant sentiment. I will just keep that "base price" in mind while speculating about the price of the token. Thanks for a more detailed elaboration.