It is still worth more than gold.
You are only looking at 12 month view when it was at a historical high.
Forget the day to day price and focus on the moves being made.
Nevertheless, if you are only focused on price of it then look at it over 2 years, 3 years and 4 years going all the way back.
https://web.archive.org/web/20170501000000*/www.coinmarketcap.com
Nevertheless, if you are only focused on price of it then look at it over 2 years, 3 years and 4 years going all the way back.
________________________________
That’s fine, if you were invested in it way back then. Will it rebound 3 and 4 years from now?
I severely doubt it.
“Forget the day to day price and focus on the moves being made.”
losing 75% of its value in nearly a straight downward trend down over just a little more than a year is hardly “day to day” price moves ... it’s basically a total slaughter ... AND there appears to be no end in sight for that straight downward trend ...