Looking t year-end closing prices gives a clearer picture of long-term market behavior than short-term volatility. Instead of chasing hype cycles, this approach focuses on structure, trend stability, and realistic expectations.

📈 Year-End Closing Prices Snapshot

2020: ~$0.22

2021: ~$0.83

2022: ~$0.34

2023: ~$0.62

2024: ~$0.61–0.63

2025 (Base Case): ~$0.75–1.00

🔍 What the Data Is Telling Us

Despite major market cycles, the asset has shown progressive higher closes after the 2022 reset. The 2024 close near $0.62 confirms that price held structure rather than collapsing into a long-term downtrend.

This behavior suggests accumulation and slow re-rating, not speculative mania.

🧠 2025 Outlook: Slow Re-Rating, Not Euphoria

The base-case expectation for 2025 sits between $0.75 and $1.00, driven by:

Gradual capital rotation

Improving market structure

Reduced downside volatility

This is a controlled growth scenario, not a parabolic move. Sustainable trends tend to build quietly before attracting broader attention.

🟢 Key Levels That Define the Thesis

Above 2024 close (~$0.61): Market structure remains intact

Below ~$0.45: Long-term thesis breaks and trend reassessment is required

These levels act as decision points, helping investors manage risk with clarity.

🧩 Final Thoughts

Markets don’t need hype to move higher — they need structure, patience, and time. As long as price holds above key support levels, the long-term narrative remains constructive, with 2025 shaping up as a year of steady revaluation rather than emotional excess.

Smart money builds quietly. Structure always comes before mania.