Hex getting ready to double again?
I see a lot of .05 cent or lower calls on hex and while it is possible, i don’t see it as probable. We just had a capitulation dip to .075 that closed above .13… the buyers are stronger than the sellers right now and hex is finally gaining virality at a time when most crypto’s are still down over 50% from ATH. Over 1 billion hex has been sacrificed for pulsechain’s new launch and we are assuming the hex sent to the sacrifice address will never be sold(essentially burned)Thus reducing circulating supply even more drastically than before. My basis on hex doubling once more is strictly based on the chart and underlying fundamental analysis. 1$ plus likely by the end of the year
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.