Good question. I'm not sure about that. It will definitely have a high, sustained inflation rate, especially early on, which could exert downside pressure on the price, but then again those holding the tokens could be relatively strong hands that are long-term bullish. If I remember correctly, part of the issue with the big crash in Steem price was that the volume was super low when it started trading since it was pretty much all locked in Steem Power, which will be a different scenario from this one. It's hard to guess what will happen. Novel ICO model could have completely novel price action! :)
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