Very insightful but yet still hard for me to wrap my head around why our metrics were where they were around 2022 and then inflation and the debt load is a lot more stressed now. Obviously the HBD interest payout was a large part of it over the last few years and the fact we didn't have a blow off top HIVE price or alt season this last time around.

Also another thing that hurts my brain is looking at the price action on HIVE and then comparing to something like TELOS which got completely pressed out. Or STEEM which really wasn't funding anything and didn't try to stabilize the SBD but has a somewhat similar marketcap.

Then stuff like Avalanche and the ARENA got crushed.

So hard to work the tokenomics or predict the outcome.

The one thing that seems crazy overvalued to me is RAIN. $10 Billion in market cap when it is built on Arbitrum which is a $492 Million market cap and completely getting pressed out? Doesn't make sense to me.