He's correct. The market typically has a couple of hundred dollars volume daily, the majority of Blurt for sale sitting there as most buying have purchase orders waiting to exploit the low demand and desperate hands.

If there were a velocity of millions daily such as Hive has, it could be arguable. The fact that there is many days a demand of a few hundred dollars or less means those tokens sitting unused in accounts have zero bearing on the value of Blurt.

Possibly in the future of Blurt, but there is nothing so far to indicate it is heading that way as of right now.