How is 6 cent LEO even possible?
I don't get it
Do we need to sum it up? LeoStrategy, with tokenized real world assets launched, like TGLD, TTSLA and TNVDA, and then there was also Surge. All these tokens were sold out very rapidly and took away a lot of $LEO from the market.
So, if you ask me, the logical thing should be that LEO rises, and quite a lot, even though $HIVE is dropping, and almost at an alltime low. In fact LEO should be worth at least 5 times the price of Hive right now. But the reality is... It isn't. It is worth a measly 6 cents. That is just unbelievable.
So, in my mind two things can happen now.
One: the interest in LEO drops completely and LEO goes down the drain, and is worth 0.0000006 USD in a while. Which is really possible, we have to acknowledge that.
Or
Two: the sell pressure of LEO slowly dries up, and suddenly LEO spikes like a Space X rocket. Because, eventually those who are selling will have to run out oneday? Don't they?
I really hope it is the latter!
Have a great weekend,
Sincerely,
Pele23
Posted Using INLEO
The only way LEO can go to 0 is if the team and community abandon it
Development and community have never been more active
Price is a short term guide. The long term guide is development
Keep your head down and keep building cool stuff + engaging in the community
Also keep in mind LEO is up 3x from June 2025 while other cryptos like hive are down 70% in that period
LasseCash pool keeps paying 50-60% APY!! While LEO drops again and again. Good luck.
Posted using LasseCash
Leo is supposed to be the BTC of the Leo strategy eco system.
We know what makes btc scarce (21Million) and we know what makes it valuable (Proof of work)
If leo strategy lock up 20 million of the 30 million leo then that would make leo scarce. But what makes leo valuable?