$pixel is going to follow $axs
I never truly understood market mispricing, even being in the industry as a trader for the last 5 years, until I became a founder.
You have dead gaming projects with 0 users and adoption still at a billion dollars simply because people recognize them from the last cycle.
The opportunity for getting good bets at a cheap price has to be considered in the context of volume and demand --- at the bottom, volume is usually dead, and small purchases with ripple effects can easily double the market cap of a token.
People will look back in hindsight and say, "Oh my god, what an obvious mispricing," but won't have conviction at the moment that matters.
$AXS launched at $30M FDV and went to $40B in about 1 year.
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