Band Protocol may hit 70 August
I hope everyone was holding because we had the breakout we were all waiting for! As you Recall from my previous analysis I compared the growth of band protocol to its brother Chainlink. The current way band protocol is growing is very similar to the way Chain grew its first year which can help us make some predictions. More details below:
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As we can see This is a picture of Chainlink which is extremely similar to the way band has been growing. Band Launched Mainnet June 2020 and peaked like its brother chain. Chain then peaked feb 2019, and we are peaking now. a few months later chain link hits a 4x high from its feb high which would put band at 70Catatan
Band protocol recently published its road map for 2020 which I linked above which is just as ambitious as chainlinks was for its current 2020 year. Onboarding more clients, massive improvements and additions to the protocol, and ways to add any kind of oracle dataCatatan
If you look at my next link that is a view of bands popularity on twitter. And its graph of its twitter popularity. The growth of its network popularity on both twitter and on cosmoscan almost 1 for 1 matches its current prices increasesCatatan
Conclusion: if band keeps growing, and if they keep doing everything they said. We will hit some crazy numbers this summer.Catatan
Final Conclusion: Load up on band protocol. "This is the Way"Catatan
you might see that my graph is hard to read and some typos. sorry made this last moment before sleeping!
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