RE: How High Can LEO Go?
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don’t forget the burn into the calculations ;)
If all leo moves to the dex atleast once - at an average fee of 1-5% = 3% we already lose 30m x 0.03 = 900k for good.
This means that there is more room for growth even at a lower market cap. Also - it is quite likely that we see more movements than just 1 time and thus higher burns.
But I agree a broader adaption needs to happen before we hit $10-$30, but the tokenomics are very well put together
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