to a price of $0.50 with its huge supply! How is this possible ?? Can anyone explain
The 'supply' doesn't really matter for market-price. Only buys/sells/(liquidity) affects price.
HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's price went up the fastest when its liquidity was lowest. Ethereum's price went up the fastest when its liquidity was the lowest.
Few corrections. HEX launched at 0.0003 because everyone fomo’d into the adoption amplifier on day 1 even though Richard told us all not to : ) HEX reached its ATL on day 33 (5th Jan 2020) which was 0.000056. It’s liquidity that affects price not total supply. HEX has low liquidity. Right now there is only 117.9 million HEX available to buy. Check liquidity here https://hexdailystats.com/
HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's price went up the fastest when its liquidity was lowest. Ethereum's price went up the fastest when its liquidity was the lowest.
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