People FOMO buying HBAR will be sore losers, Seed investors will keep dumping as they've gotten their share for $0.001 I believe. HH isn't any special there are way better blockhains that can outpace HH in many ways, The only special about HH is their partnerships.
I thought there was a lockup for 4 years for early investors, but just reading now that I think they changed that so it's a slow payout over the first year. So yeah, seed investors may be dumping for a while. I'm reading their buy-in was around
.003-.005, which is a pretty nice profit even at current low prices. A lot was given away for free for developer work too.
Although I also see a ton sold at around
.12, but I guess if those folks haven't sold yet, they are kind of stuck for now.
So it may play out like a bounty situation, where everyone who got cheap or free coin will be dumping, but in this case it may take like a year for the total dump to finish. Early investors will be in profit pretty much no matter how low the coin goes (unless it goes insanely low).
OMG... I cant understand hy people went into such projects which are raising so crazy money and selling tokens totheir friends under the table with crazy doscounts...
And its only 2% of all tokens in circulating now.. what happens when all tokens will be unlocked?