These two posts help clarify what's going on with LeoStrategy:

• Exploring LeoStrategy's New Analytics App
• Introducing LeoStrategy's Analytics App | Transparently Track the Fund

Especially, the second post. We were told that LSTR was completely sold out more than a month ago at the presale price of $0.90. As a result, LeoStrategy acquired the necessary capital to buy LEO. The account now holds 2.2 million LEO. Perhaps that explains the rise of LEO from 0.52 SWAP.HIVE on 04 August to 1.24 SWAP.HIVE on 13 August. That's nine days of buyers' dominance.

Moreover, with the capital acquired from selling SURGE, LeoStrategy was able to inject a $5,000 fund into the LSTR: LEO pool.

Exciting Days Ahead for LEO/LSTR/SURGE Holders

The above developments are just the start. There are several interesting developments that I think many are waiting for. One is the launching of a new website for LeoStrategy. Until now, I still don't understand how LeoDex works, and yet another Leo-related website will be going live soon.

Furthermore, the plan to move the presale of SURGE from Hive Engine to the Base blockchain is another surprising development. We were informed that 25% of SURGE had already been bought. Perhaps the transfer of presale once the Base blockchain integration is done would help fast-track the sales of the remaining 75%. It was planned that the price of the token would be adjusted to $0.90. If my computation is accurate, SURGE is now sold at a 12.36% discount with its current price of $0.799 on Hive Engine.

Three more things I got from the above post before I conclude this post. Once the presale of SURGE is completed, $50,000 will be used to fund three LPs - one on Hive Engine and two on Base. Moreover, @leostrategy also mentioned the 10 million LEO goal by the end of the year and the publication of a roadmap in the coming days.

These are some of the interesting developments around the Leo project.

Posted using SoMee