What happens when CENT token and HIVE token both rise in value? We get a token that will someday be restored to it's rightful value of $0.01.
CENT is still undervalued. I like to say "discounted". The best tokens to get now are the ones that you won't be able to afford later. While a penny sounds cheap, you can do much better now: about 5 CENT tokens for 0.01 SWAP.HBD.
That means there is an 80% discount from it's "MSRP" so-to-speak. What will be worth $0.01 someday is currently costs only $0.002
December 2024:
I know people are all about the big pumps, 10x and 100x and so on. But let's be realistic. Anyone who invests in a token that goes 5x and stays there, it's a pretty good investment.
Just three months ago, CENT was even cheaper and $0.01 HBD would have gotten you 20 CENT. That WAS a 95% discount. With both HIVE and CENT prices going up, that discount will someday be only 50%, then 25% before someday it's 0%.
September 2024:
It was massively undervalued then and it's still undervalued now. The boat hasn't taken off yet, there's still a chance to get on board.
I think HIVE is going to continue trending up. Peaking around $0.62 it's going to go down and stay level somewhere around $0.45 - $0.50. I'm not a prophet, nor a financial advisor. I have no insider information, that's just my opinion. My hunch.
I think CENT is going to continue trending up. Currently it's at 0.0052 (swap price) and I think we'll see 0.0100 in the next few months. It may stabilize around 0.007. The combination of HIVE and CENT going up will mean the USD value of CENT may be between $0.0062 and $0.0035.
This may not seem like much, but that means CENT will likely reach the half-way point to $0.01 within a few months. This is exciting!
These are the reasons I'm investing in CENT now while I can afford it. I hope wise investors will consider it also, nobody is a fan of missing out. Most people here have their own BTC "wisdom teeth" stories. Let's all learn together!
I don't (and will never) tell you what to invest in, do your own research, invest at your own risk, bla bla bla... but consider the long-term growth of CENT token, how it is consistently growing closer and closer to it's goal. Yes, past performance doesn't guarantee future returns, anyone with any experience trading knows this by now. But what's clear is this: The tagline reads "It is a token that aims to reach a price value of $0.01"
Looking at the last three months, I hope you would agree that is where it is aiming to go.
A CENT for under a CENT is a steal :)
You summarized this entire post in about 10 words. !BBH
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Thank you for this. I'm not familiar with CENT though I have some of it and I earn it from curation. I have no idea what to do with it. Is it supposed to be a stable coin pegged at 1 cent?
No, it's not a stable coin like SWAP.HBD, it's not pegged to any amount. The stated goal of the token is to strive towards a valuation of $0.01. It's heading that direction, but still has a way to go. !BBH
Thanks. I'll be keeping my CENT from now on 😀
!BBH
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I agree with you I think CENT token is undervalued at the moment..... time to accumulate!👍😀
If CENT does go down in HIVE price, it's a good opportunity to enjoy discounts from a few months back.... but I suspect that particular opportunity has come and gone. !BBH
I think you are correct........ time to HODL! 😇👍😀
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That's a great perspective.
!INDEED
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Thanks.
I didn't know about this. Glad to know that!
Glad I could share good information. It has a good return too, something around 25% apr. !BBH
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I like the idea of a CENT token that is meant to go to 1 cent price, looking at current price it's very cheap
!BBH
Yes and with the HIVE dip, it got even cheaper! !BBH
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