A ponzi pays off early investors with new investors money. It is not a ponzi.
Totally agree with what you say because I also see this HEX project more clearly and has potential from the start so it is much liked by new investors.
All profit comes from the next guy buying higher, that goes for bitcoin, real estate, stocks. That is just how the market works.
The way HEX works is also very clear and orderly, so there is nothing wrong with HEX because in general HEX continues to develop and the team still cares and works according to the targets they want.
Since the original post was made, hex has already gained 100x, another 100x to go for the prediction to come true and even $40 is still a low end target for what hex can achieve.
I have believed since HEX has increased by 10X not when it has been 100X, so logically it is still very possible for HEX to reach more than 100X if the positive response from the investors persists.