Hex is the first high-interest Blockchain Certificate of Deposit.
CDs, known as Certificates of Deposit or Time Deposits, are worth Trillions of dollars. CDs are worth more than gold, credit card companies and cash. CDs pay higher interest than savings accounts, requiring money be deposited for a fixed time.
Banks profit on poor customer service, early withdrawal fees and auto-renewing you at worse rates. They pay pitifully low interest. New money is printed all the time, making yours less valuable. HEX monetizes the time value of money in a totally new and better way. It takes the concept of CDs to the next level: HEX replaces inefficient currencies, banks and payment networks with verifiably secure peer-to-peer technology.
In HEX, you’re the bank. The more you learn about it the more you’ll love it.
The Price of HEX appreciated faster than anything else.
HEX’s primary design intention is price appreciation that overperforms as much and as fast as possible. The idea was to create a cryptocurrency that appreciates faster than Ethereum (ETH), which price made a 10,000x in 2.5 years. HEX already has done a 10,000x in under 2 years and that’s before Staking. Bitcoin (BTC) went up 10x from $6500 to $65k in the same timeframe while ETH did a 30x from $140 to $4400. HEX outperforms almost every other cryptocurrency because it is a superior product. HEX outperformed and outpaced the growth of both Bitcoin & Ethereum in their first 2 years. If HEX continues to grow faster it might beat Bitcoin’s record 6,500,000x in 12 years which would put HEX at $367.
HEX’s price is uncorrelated from the performance of other cryptocurrencies because most of HEX’s liquidity is against USD. Heart’s Law states that the prices of most cryptocurrencies are correlated as a result most of their liquidity against BTC. This means if Bitcoin has a drawdown most other cryptocurrencies will drop even more while HEX does its own thing. HEX holders are safe from potentially negative BTC scenarios such as another exploit, Mt. Gox selling, FUD, Tether imploding, etc.
So far, HEX’s price went up 1421x against Bitcoin and 361x against Ethereum.