Seemed like a touchy topic to some, but let’s as a community discuss the pros and cons of it for the long term viability and of course only if it does not sacrifice utility or anything else.
To understand it better please read this article: https://www.investopedia.com/ask/answers/what-stock-split-why-do-stocks-split/
My personal thoughts:
Yes we should increase to 5x or may be 10x (if it doesn’t delay the mainnet launch)
Easier to do it now (small community, less confusion)
More liquidity, tighter spreads (with strong hodlers and a small bunch, imagine bids at $y and asks at $1.5y or more)
Higher $ price MIGHT {might not} be a barrier to entry for new projects.
What do you guys think!!