Market dinamics a very complex, both supply and demand are sensible to a host of factors which are difficult to account for in the short and mediam term. Especially since we cannot apply the same models to tokens/currencies that operate under different designs.
Note: when I say supply I mean what is placed for sale on the market and not just the amount that is "physically" in existence. Anyway, this has been a stimulating conversation.
RE: HBD: The Ultimate Stable Coin