before we start, this is where I check the price of $leo $hive and $hbd
7.7 cents for leo right now, is that right? Please share links of where I should be looking at the price.
Ok, about leo
Leostrategy will make leo moon.
Calling it now
There will be many people who realize this
Some % of them will have a light bulb moment and buy up a bunch of tokens to front run the pump
I am not 100% up to date about where all the liquidity lies and how much the slippage is etc etc.
But just from the posts being made and the movements being made, I have a feeling forces behind LEO are starting to leverage the power of LP and recycling LP fees into pumping up the price of the tokens you love
There are a lot of different streams of buy pressure coming in for LEO
Leo, to some people, might be viewed as a leverage play on hive
While this can be true sometimes it appears that each token has a mind of its own
Leo being paired to Hive means the long term success of the price of hive will bring up the price of LEO due to the liquidity bonding
However, there is no rule that dictates that LEO can not outperform hive time and time again
The price of a token is not sign of its “success”
I remember listening to a twitter spaces where a bitcoin maxi was saying “yea but your coin is like 15 cents who gives a shit”
But this maxi smooth brain failed to understand that bitcoin being worth thousands of dollars doesnt mean its “better” than something that is under a dollar.
Prices of tokens with high supplies are usually lower at first compared to some tokens I can name you that have a supply of 666 or 777 that are worth more than bitcoin, does that mean that centralized low liquidity nonsense that costs over a 100k for 1 unit is better than king daddy bitcoin? No… its not.. their argument is SO BAD that its best to just kick them from the room lmao… imagine having a coin that starts at 0.000015 and is not 0.15 but the guy who bought something at 20k and its now 100k is trying to shame you some how…
all this to say, leo and hive have different supply, different issuance rate, different metrics to the rate of inflation etc etc
So when LEO’s price is over Hive’s price don’t be surprised
Some of you then might mention market cap
But market cap is a silly metric
You cant trade the market cap, you can only trade on markets, and what is available to be sold or bought… slippage then enters the equation…
I can make a coin.. make it have a supply of a trillion which is this 1,000,000,000,000
Then, I can put ONE of these tokens in a liquidity pair, and on the the other side I can put $100,000 worth of eth…
So now, this coin has a marketcap of 100,000 trillion (go search what that number is and leave a comment so I know you read this far :)) and if I own 999,999,999,999 tokens then I am the richest person on the world right?
And what if the price of eth doubles… does that double my net worth? What if I told you it 4x my net worth not 2x, thats if you use a Uniswap v2 version of a DEX.. but thats a whole other rabbit hole
Rabbit holes 🕳️🐇 thats something I have been jumping down a lot of recently.
turns out everything has a rabbit hole and its easy to get lost in them
So with all this said: the leo team over the course of some time have convinced me through their actions and many live chats that they are knowledgeable about the power of compounding LP rewards and focusing/funnelling gains/fees/funds into buying up the leo supply, making less available on the market, which has saved it from its death spiral and will be able to support the price in an upwards trajectory for a while
dont forget what the traitor Ned did, he sold his massive bag peer to peer, over the counter (otc)
imagine you right now decided you wanted to exit out of a massive leo bag and market sold $50,000 on the most liquid DEX/market TODAY
it would harm the price badly in a single candle.
now, I don’t want to get into the fact that the prices will be bought up super fast due to people with funds ready to scoop up good deals, thats another rabbit hole again, but the point I am making that when a big player exits like a noob it hurts everyone
but, if a whale in leo gets their feelings hurt or wtv other reason that would compel them to exit their entire position in one swoop, there are better ways to do so than burning the place down on the way out
fortunately, the crypto market has gotten so big that when everyone finds their niche they will stay put long term
just think of some whales we have in our community who could have made millions elsewhere but aren’t in it for the money, they are in it for enabling financial opportunities for communities who aren’t connected to the modern financial system
You know, it’s nice seeing people pay off their houses and buy their dream cars while taking care of their loved ones. But seeing the power of HBD and what it is enabling in very unfortunate communities is also nice to witness. I also want to see what happens when some poor people in a village make 10,000x gains
Think about the power of a handful of people, in the middle of no where with no oppotunities, suddenly make a moon bag because they saved a couple of HBD and bought something that took off
thats the kind of stuff I love and one of the reasons I make posts like this and participate in the network that enables all this
LEO has the opportunity to be that token for many of you reading this.
If the whales and moving gears really push hard towards the paths they have already laid down I really see LEO, formally leoFINANCE, truly change the lives of many financially.
Obviously, I am not your financial advisor, I am not saying buy or sell anything, just sharing what I am observing.
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