$FIL has been destroyed for almost 6 years.
From $428 to basically $2.
That’s a 99%+ collapse.
At this point most people don’t even consider $FIL anymore.
And that’s exactly what makes this chart so ridiculous.
Price has spent years sitting around the same liquidity zone
while almost all the hype disappeared.
If $FIL ever gets a proper expansion from here
a return toward the old range would be enormous.
The move marked on my chart is roughly +60,000% from the lows.
Yeah, 60,000%.
I’m not saying it happens tomorrow.
But after a 99% wipeout, even a fraction of the old valuation creates stupid upside.
Fil is going straight onto my watchlist.
From $428 to basically $2.
That’s a 99%+ collapse.
At this point most people don’t even consider $FIL anymore.
And that’s exactly what makes this chart so ridiculous.
Price has spent years sitting around the same liquidity zone
while almost all the hype disappeared.
If $FIL ever gets a proper expansion from here
a return toward the old range would be enormous.
The move marked on my chart is roughly +60,000% from the lows.
Yeah, 60,000%.
I’m not saying it happens tomorrow.
But after a 99% wipeout, even a fraction of the old valuation creates stupid upside.
Fil is going straight onto my watchlist.
