/biz/ - Business & Finance

I love how the biggest fud against this is
>6 months from now
Like, okay anon, yeah! Thanks for the heads up, Ill make sure to start putting up my limit sell orders to prepare

if you plan to hodl why would you sell instead of staking your stack?

>>24973694
Cracks me the fuck up. MC BB.

>>24973757
Why would you stake your stack?

Ok and it's literally the 2nd day lol

>>24973797
to baghold it down to 10 cents while earning 10% apy

>>24973845
>down to 10c
kek
Literally testing new ath as we speak
Anon if you genuinely think there any financial probability for this to hit .1$ again just as fast as it went up, you need to get off this board and never come back
We will only hit .1$ if we slow bleed from here with 0 buy volume anymore
And no buy volume after having 2.5bil volume in 48h is like the 2nd coming of jesus

For real though it CAN'T keep pumping. Every time the cart looks like a healthy correction is coming it just powers thru, forms a cup and handle and keeps charging. Fuck a moon mission This motherfucker is on its way to Pluto. I just grow more and more nervous that I should be taking some profit and roll it into Eth or Link

>>24973942
cope

>>24974075
I valuate this at a minimum of 1bil mkcap conservatively, or 3bil like every other token up there with a fraction of this things utility, if you take profits now its not far from that zone.
The buy pressure should slow down a little as it crabs over 1bil until they announce some crazy shit like uniswap completely moving out of the testnet or some similar news that would cause even more pumpenomics, theyre moving REALLY fast btw, nearly all indexers are almost up and running on mainnet, and the entire testnet "curator and indexer" programs are about to finish by next week.
This shit is bound to go batshit ballistic at least once, and no, whats currently happening imo is just setting up the BASE valuation of the project. 100mil on day 1 was actually retarded and all the businesses using this knew that

>>24974246
btw to put it into perspective, it's not retail buying power that is fueling this, hell, it's not even "smart" investor money
Your average pajeet wouldn't hold through a 3x even if his shit's color changed green, biz is a prime example of retail selling early and failing at swinging
The buy pressure is driven by sheer utility. Chainlink, Aave, maker, etc.. all these ~billion dollar projects have depended on TheGraph first hand for nearly a year if not more. They know their query volume and usage. They're not buying in because they believe in the long term use of the project or as "investors", they fucking NEED reserves and holdings of this shit. Mainnet is a very real transition for them, and they need to be ready for it, the GRT tokens that will power their websites are a necessity. They're not selling at 3$ because they're not selling AT ALL.
Also to all the FUD saying they'll just use "something else", a "fork", they had 2 years for a "plan b", and they still decided not to.
Seriously, you have no idea how much of a sure bet this is.

>>24973694
You sound just like the people talking about DMG when there was still six months till unlocks and it was at $1+. The party won’t keep going to July. Much sooner than later there will be a scramble to get out on top and before circ supply goes up 500%

>>24974940
You're really comparing some sub $20m market cap shitcoin with The Graph? The absolute state of no-graphers.

>>24974987
>Sub 20m MC shitcoin
What's that kid? Glow squad incoming you beta faggot. You have no idea what you've unleashed. Good luck.

It's at fair fully diluted value rightnow, but it's getting shaky from now on.

After they moved 100% to the decentralized network+query volume increase more i would say 1$ is the max.

Long term it could reach 10-50$ tho, depends on the market.