A growing conversation among investors centers on Hedera's all-time high (ATH), which has not been reached since 2021. With current prices far below that peak, many wonder about the token's prospects as the market fluctuates.
Recent discussions show a range of attitudes toward Hedera's stagnation. Many dismiss the price concerns, highlighting that nearly 90% of the supply is circulating. One user remarked, "Weโre at something close to 90%. A potential supply shock could cause upward pressure on price." In contrast, some are more optimistic. One commenter confidently stated, "No, it will bust all-time high by November"
Some investors express indifference towards the recent price drops. A user reminded, "Price is only one piece. Market cap is better." This perspective reflects a broader trend of assessing overall market health rather than individual token prices.
Investors are weighing their options with several points echoing through the forums:
Price vs. Market Cap: Many emphasize that market cap gives a clearer picture of Hedera's standing.
Long-term Investment: Some users adopt a long-term view, echoing Warren Buffet's advice about patience in investments.
Speculation on Price Movement: Optimism surrounds potential surges in the market, especially with predictions of institutional interest ramping up soon.
"Look at market cap. No brains worry for no reason," one user stated, underlining the importance of market metrics over mere price.
๐ Circulating supply stands at 90% โ significant dilution seems unlikely
โณ "4 years is nothing for an investment" โ sentiment around long-term holding
๐ Confident predictions of a price surge by November excite some investors
Prospects for a price rebound in Hedera appear plausible, especially as institutional investment starts picking up. Experts speculate nearly a 60% likelihood of this interest leading to positive price shifts if broader market conditions stabilize. The nearing full circulating supply could trigger significant price increases if demand suddenly spikes.
Additionally, regulatory news surrounding competitors like XRP might spark developments favorable for Hedera, presenting an opportunity to regain lost momentum. Investors remain cautiously optimistic, hoping for a revival in interest.
Comparisons can be drawn between Hedera's current stagnation and the early days of electric vehicles. Investors once hesitated about EV tech, but as confidence and infrastructure improved, growth followed. Similarly, Hedera might break through as market conditions evolve, shifting skepticism to acceptance and leading to a more robust crypto ecosystem.