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I bought HEX a few months ago when I got

to read about RH. I invest a lot of money and now my HEX is all down by 92%. 😭 Anyone thinks it will continue dumping? Is pHEX different than HEX? How can I get? Please help

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Firstly, relax. Many people have been talking about increased volatility during the fork and release of pulsechain. Best thing you can do is just wait and see how it plays out, hex will recover and when bridge opens we will see hex price on pulsechain then we wait till 2025 and look again 👍

Skirrki [DMs will get abused]
Firstly, relax. Many people have been talking abou...

Will the price per one token of Hex be pegged 1:1 in both chains eventually?

🌍Cryptosteve🌕
It should be

Just another follow up question, getting copies of Hex on Pulsechain means the total/circulating supply would now basically be doubled yes?

Chamath
Just another follow up question, getting copies of...

double, but on two different chains, so not sure how that changes market cap.... hmm

Chamath
Will the price per one token of Hex be pegged 1:1 ...

They will never be pegged. HEX on Pulsechain is not a derivative of HEX on Ethereum. They are both freely tradable. They may get liquidity coupled eventually once the bridge opens and that will cause some degree of correlation, but no peg.

Nenad [I won't dm you]
They will never be pegged. HEX on Pulsechain is no...

HEX's price went up the fastest when its liquidity was the lowest. Bitcoin's and Ether's prices went up the fastest when their liquidity was lowest.

Nenad [I won't dm you]
No, they are now non-fungible HEX tokens.

But the value has dropped by 50% though right as the supply has doubled? So how should that aspect be handled? Just curious

Chamath
But the value has dropped by 50% though right as t...

The value dropped because there was more sell volume than buy volume. Just as expected due to the fork, as there are many degens hodling HEX and they have a strong selfrekting instinct.

Chamath
But the value has dropped by 50% though right as t...

No, many people were just waiting for their free copies to dump the HEX on ETH and that’s exactly what happened

MZ
No, many people were just waiting for their free c...

If thats the case whats the form of Hex we need to hold in the long run? Is it Hex on PLS or ETH?

Chamath
@Benzenoid any thoughts?

The decision is yours. Nobody can tell you what is the best way for either wealth or selfrekting.

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