$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
