Hey guys, are you curious to know how far PulseChain and PulseX pricing can go?
In this video, we're going to look at other DEX, and smart contract blockchains and what they've done in terms of price appreciation to better understand the possibilities of what PulseChain and PulseX could do in the short and long term.
So, as usual, watch this video all the way through so you don't miss anything.
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Now lets move to the price predictions, and see possibilities of what PulseChain and PulseX could do in the short and long term.
So, over the past five years, many smart contract blockchains have emerged and today we're going to look at 5 that have done very well. But you should know that in terms of price appreciation, Ethereum in the lead. Indeed, Ethereum had an exponential growth from the initial coin offering price to the historical highs.
Ethereum has the first mover advantage, and this can be seen in its nearly 15,000-fold increase from about $0.31 at the ICO price to an all-time high of over $4,500. Then we have BnB which made nearly 7,000X, Cardano over 1,300X, Polygon over 1,500X, and Solana over 1,000X.
And let's not forget that some of these Blockchains are barely functional: Cardano is an example. As for Solana, it has been plagued by constant bugs and has seen $300 million hacked into its Blockchain.
Polygon also had security breaches that led to the disappearance of several million dollars. Well, that's not all. But let's stop there to name just a few problems. But that being said, none of these negativities seemed to stop investors from speculating on the price and so we have seen a huge increase in value over time.
Now let's look at the average, that is, the average of all the X in each project. To do this, we add the 5 performances and divide by 5 to find this average.
So, as we mentioned earlier, Ethereum did 15,000X, BnB 7000X, Cardano 1,300X, Polygon 1,500X, and Solana 1,000X.
Well, when we add up these amounts, we get 25800X. And by dividing these 25800X by 5, we get 5160X.
So, on average, a blockchain is capable of making 5160X which, in our opinion, is not to the taste of any sane person.
But now the question is: Will this happen to PulseChain? In our opinion yes!
You know, PulseChain is not only a fork of Ethereum or an EVM-compatible blockchain, but it is also a complete copy of the state of the system ever seen. Remember, anyone holding an ERC-20 will get a copy on PulseChain, which will be known as the PRC-20.
Let's also not forget the super cheap fees that will start at fractions of a dollar for 3 second blocks on average, and of course an environmentally friendly proof of stake system. PulseChain essentially beats ETH 2.0 to market, but it's also deflationary. That is, for every transaction we make, there is a small portion of the outstanding supply that will be burned. So, over time, the supply will shrink and eventually drive up the price. Don't forget also the fact that PulseChain offers huge rewards to anyone who brings in liquidity. So, the guarantee we have is that, the whales will not sell their tokens willy-nilly especially since they get huge rewards for staking them.
So it's not hard to imagine that PulseChain is easily primed for success, not only in the practical use case, but also in terms of price appreciation.
Other bullish metrics and indicators include the fact that PulseChain has a huge community. And that community continues to grow as more and more people join their Telegram group, Richard Heart's Twitter page, and discover the possibilities of PulseChain.
There are also many different projects already under construction that are eagerly awaiting launch once the main network is up and running, such as liquid loans, and this is only growing as developers see the potential that exists in PulseChain's core principles and the strong community that is forming around the anticipation of a faster, cheaper and better EVM blockchain.
To summarize, ETH, BSC, AdA, Matic, and Polygon have all seen thousands of X of price appreciation, though there is still much to be desired in what they can actually do. This could be seen as a very optimistic indicator of what a fully functional, fast, cheap, deflationary blockchain and a full stateful copy of the system, like PulseChain, could really do.
Time will tell, but try not to blink when the main network is up and running, because all the odds are around PulseChain and things may never be the same again in the blockchain world.
With the stats showing the success of 5 blockchains with some thousands of x’s, we can say here that “history will repeat itself” and PulseChain will be on this list next year! The X factor here is that PulseChain is NOT launching EMPTY like most of the EVM chains mentioned above. In fact, PulseChain is launching with every ERC and NFT on Ethereum, including all the liquidity pools. The volume PulseChain will get in the first 6 months of being LIVE is going to be nuts, Because, we can see thousands of users port over and claim their free RPCs.
Now, what about PulseX? How high can PulseX go?
Well, we already did a video about this on March 7, but today we're going to try to compare the prices of previous DEXs to see how high PulseX can go.
So, before we start this part, if enjoying the video, let us know by leaving us a "Like" and sharing this video if you haven't yet. Let's keep going!
Well, as we did with PulseChain, here we will take 5 DEX.
UNISWAP did over 107X, RUNE did over 2677X, LRC did over192X, SNX did over 883X, and CAKE did over 200X.
Adding up all these amounts, we get 4059X.
Now, dividing that to look for the average, we get 811.8X.
So, on average, a functional DEX can make 811.8X in 1 year.
All PRC holders will have a DEX to trade on.
Remember RH said DEX is a MVP. You’ll see tons of liquidity on PulseX and other DEXs that plan on launching a user interface on PulseChain. That will create a lot of volume and demand just from the start.
Only three months after launch, 20x - 70x is relatively conservative.
Think of it like this… Brand new blockchain + full system state + FREE PRCs + PulseX + Liquidity in Pools = MOON.
Many other #Pulsicans are talking about other price predictions for PulseChain and PulseX. So, as we told you from the beginning, you should always do more research before taking a decision.
We hope we were able to provide some value and helped you to move a step ahead in your crypto journey Be sure to check out our Crypto Brand called CRYPTOPRNR; get yourself the highest quality Crypto Merch available right now on the market, and make sure to subscribe so that you don't miss out on any of our content. Till next time, Goodbye.