The price is on a complete mess, I know the team will do the buyback in Q1 based on their net profit but allowing their own native token to reach this level of price is absolutely madness. Do not you think it is a little bit too much?
Hydx expected or initial price is 0,1$, today Hydx reaches 0,0012$ as its lowest price and the latest buy order is at 0,005$.
Things are very bad and poor liquidity is the main reason why many people are no longer interested in investing. I think if this situation continues, HDX will soon return to 0 and no one will dare to buy this coin. In my opinion, Hydax needs to stabilize soon because the current value is making the project worse and worse. I don't want investors to leave, but hopefully next month there will be lots of new updates for everyone.
The problem lies in liquidity but despite that, I do not think they will allow the price to go 0 because they have done a lot of things and have yet to make a fortune. My opinion remains the same as I predicted before, they do not put any liquidity because the bounty distribution has not done yet. If they put the liquidity right now, the bounty hunter might dump it. Causing the price to go back to where it was before.