I think Crytos in general will increase depending on their utility and how closely they follow the trends for Bitcoin.
I think Crytos in general will increase depending on their utility and how closely they follow the trends for Bitcoin.
I think the price will creep up, but could be a $2 token in a couple of years. The need for RTK + the projected market cap for DePin in general over the next few years both contributing. Have 2 units both with the NFT and I couldn’t be happier with the project in general
@Lombo22 That wouldn’t be impossible… that’s just like 10X away which in DePIN is not that crazy.
I've had it for almost a year and I can say that I'm very happy with it, it's the only one in my hexagon.
Ideally I think we’d all love it if it goes higher right?
I really like the project and earn a good amount compared to other projects.
Good project with widespread favorable views in which case token price will reflect it over a sufficient horizon. Not immediate, but man is it basic supply/demand when there’s annual halvings while demand for the token is stable or rises.
Don’t be like me and look at what could have been.. it’s about what is likely to happen in the future when deciding to either buy tokens or buy gear to mine them. I did the second guessing over the past 2 years but 2-3 months ago I was forced to rationalize irrationality (thanks, @Xrave) and finally bought three units since I had three hexes where I was either the only one or would likely be the first to get an NFT and have decent assurance I’d be earning the highest amount possible in them.
@FreeShkreli Yea I mean if you actually have the locations to deploy these units, it’s almost a no brainer!
@CoinChaser @FreeShkreli it is actually possible to resize images in the editor, when you hover on it
Based on previous halving events no much effect on token price. I anticipate that the GEODNET token may face similar price decline of Helium price history after implementing phase 2 of GIP-6.
@CryptoMate Are you sure?… The token graph shows that overtime after the halving the GEODNET token went up constantly.
Price goes up although not quite double.
Key thing to look at is the price trend vs time, not the individual pricing peaks and dips.
(doesnt seem like we can add attachments yet ok the forum, but ive shared thr price trend chart in discord)
@Xrave I would be curious to see that chart! you can upload an image using the toolbar
@CoinChaser GIP-6 requirement should be the concern not halving. As we all know what happened to Helium after such changes they did
@CoinChaser Are you looking at the right chart? We’re exactly where we were a year ago.
@CryptoMate GIP6 is nothing other than stopping the wasteful rewards to those that don’t earn them.
@elontusk007 This chart up there… as you can see it’s steadily going up over the years and yes maybe we’re close to the level we were last year but on average the token price in 2025 was higher then 2024 and 2024 was higher then 2023.
@CryptoMate I agree with @elontusk007 on this… This should reduce wasteful rewards which sounds like a great thing.
@CoinChaser Just look at the last year… Half the tokens, double the breakeven time, same dang token price. Something has to give.
Anyone knows what effect it had on the token price when it went from 48tokens/day to 24?
@Xrave had chart showing that in a previous thread
I feel like Geodnet has been constantly doubling up on every halving!
Geodnets yearly halving is coming soon. Rewards will drop from 24 tokens to 12 max starting June 30th. Excluding super hex mumbo jumbo.
I personally have no Geodnet tokens.
I hope the token price goes higher when the rewards are cut in half. I'm really looking to take some profits