Yes, it is getting worse. And it is not about being negative. It is about seeing reality for what it is. What do I mean? On December 8th, a project was started in which a total of more than $13,000 has been spent. Since then, the value of the experiment has decreased, and it is currently worth less than $4000. Isn't that just terrible?
So, what has happened in the last week? Wonderland has collapsed, but seeing the character of both Daniele and Sifu, I believe the project will live on and grow stronger... even though the bags of the buyers have decreased in value. Many people bought TIME when it was priced $9000, and now it is worth $550 per token. That is just one giant price decrease.
Others bought HEC at $250, that token is now worth $25. Do you see? It is getting worse, especially for those who invested in the middle of November.
If you want to see the outcome for the different rebase tokens in the last seven days, take a look at the following article: https://www.ipaddressguide.org/when-you-thought-it-couldnt-get-worse-the-rebase-token-battle-results-from-week-seven-of-the-experiment/
There you will see that the only project ending with a positive growth last week was FORT ( #fortressdao ). But, that token has already dropped so much that one week in a tiny plus doesn't make it for the gigantic losses from earlier weeks.
Will it get even worse?
That is something I have no clue about, but I really hope that the markets will turn around soon. I hope the decrease in APYs will help them survive and thrive once again. You can read more about that in this article: https://peakd.com/@poshtoken/re-unbiasedwriter-is-this-a-game-over-for-the-rebasing-forks-and-the-6668