RE: How does deflation effect price
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Gave a big vote both bc your post is great and I like that ending
Also, I think the best way to look at burning is this: it doesn’t make the price go up right now but it does remove future sell pressure
What does that mean? Low to 0 immediate impact but in the future, there is less supply that can hit the market which means any price movement upward is amplified while any price movement downward is less amplified.
Great analysis. I think LEO will need a lot more posts like this regularly with the New tokenomics
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absolutely! The memes that can come from it can be epic too. Like a drunk Lion who broke his sell button but keeps buying everyday haha the visuals can get really interesting.
The more I learn about all the different mechanics the more I can write and share. The more I write the more content people have that they can share on X and other social media sites. :) I see big things coming it just needs some time to cook :)
Thanks for all the votes, all of it will go right back into LEO