FB is currently around $0.325, down more than 99% from its all-time high of $39.25 and only about 3% above its all-time low.

This position is indeed dire, but a steep decline only indicates a large amount of locked-in losses; what matters is whether anyone will buy it going forward.

After FIP-102 is implemented, the overall issuance rate will drop from 25 FB per Fractal block to the equivalent of 12.5 FB.

Of this, 6.25 FB will remain on Fractal, while the equivalent of another 6.25 FB is set to be distributed to Bitcoin mainnet users. Overall new supply is halved, with even greater reductions in rewards for Fractal mining, indexing, and staking.

I think it’s time to start picking up small positions.

The bet is on the halving, Bitcoin mainnet distribution, and UniSat’s upcoming products bringing users back.

Start with a small position to observe, and decide whether to add more once FIP-103 rules, trading volume, and on-chain activity data become available.

#btc $FB