The PRECIOUS Token Airdrop is due to end in just over a month. Considering the current value of the Precious project with it’s operating account, it’s fair to say that the previous value of the PRECIOUS Token has been under par for some time. When it comes to putting a Fair Value on a token like this it can be a bit tricky and maybe even contentious since the token itself has no explicit use case. However, since the token represents stake in the project itself it DOES have value and I firmly believe that value is higher than it’s current trading price on Hive Engine
Since the Airdrop began almost 2 years ago I’ve maintained Buy and Sell Walls for the PRECIOUS Token at 0.10 and 0.13 Hive respectively so that SGS members can trade in and out of the token as they please. Today I have raised those buy and sell walls to 0.14 and 0.17 Hive respectively. This is a bit of a jump, but it's not too excessive and it is now a little bit closer to what I would consider Fair Value for the token as we move into the back half of 2025.
Hopefully this re-pricing will also give project participants some confidence that the token is not just going to be abandoned. Even though there hasn’t been any development of use cases there is still some significant value in the project and members can trust that the success of the token will mirror the success of the project into the future. There can be no guarantees of course as there are many factors that could affect the project that are out of my control, but I CAN promise that I will continue to do my best to ensure that the value of PRECIOUS Token holders is protected.
