RE: Leo Ecosystem Analysis - LeoDex, LeoStrategy (SURGE, LSTR), INLEO
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That's not necessarily, this Leo action has had an effect but it's not directly responsible, at its root hive is an inflationary token and the only way it can maintain or grow in value is if more people buy in us getting more people onboarded = more people likely to buy in... Hive has not been growing because we can't onboard people shit quite the opposite many on chain are actively pushing people away
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I don't disagree, but every variable is a factor.
Totally but with this simple fact and Leo moving to a model that at least appears more sustainable and price starts going crazy it's only natural people are going to move their funds over and it's only going to get worse don't get we wrong Leo is far from perfect I'm just talking about basic market shit people are liable to do