The New Normal

avatar

It didn't take for LEO to take the lead in price appreciation

Hive is an inflationary token. That means new tokens are created out of thin air used to reward posters and curators

LEO also used to do this.

But the moment LEO went deflationary, it changed the game

The difference between minting new tokens out of thin air to reward users VS buying coins off the market to give as rewards can be seen on the chart

The moment LEO went deflationary it made an over 10x move up

This move is in some part FOMO of people getting in early knowing what this change will do to price.

But really its the new reality settling in that is causing this price rise

The fun fact is that this price will continue to go up every time there is a new LEO premium user and as volume across at the DEX's picks up

I believe there is also AD revenue and soon a bunch of AI agents who will be eating up all the supply

This price should in theory continue to go up until someone says "ok, that's it, I can't take it anymore" and sells down the price

Anytime you see a red candle its someone letting go of their bags.

We shouldn't make fun or shame anyone for selling. This is crypto btw, most are here to yes build things but to make money

But when someone sells today it removes their ability to sell tomorrow

if you only have 10,000 LEO then you can only sell 10,000 LEO

When you run out of LEO then you can no longer negatively affect the price.

If you want to get your bag back you need to most likely buy back higher and cause those beautiful green candles we all love so much

Imagine that

LEO price goes up

I post about LEO price going up

I get some Hive

I use Hive to buy up LEO

LEO's price rises

Repeat forever haha

Posted Using INLEO

hive-167922 leofinance leo inleo crypto cryptocurrency hive hbd
0
0
0.000
5 comments
avatar

You received an upvote of 100% from Precious the Silver Mermaid!

Please remember to contribute great content to the #SilverGoldStackers tag to create another Precious Gem.

0
0
0.000
Reply
avatar

I think a great trade for Hivers is buying/using their HIVE POWER to delegate to @leo.voter and earn 16% APY paid in LEO

Delegators have made something like 2,000% APY by delegating over the past few months because of the rapid price appreciation

As price continues to appreciate, delegators earn more

Also, as @leo.voter delegations increase, the desire to post more/become premium on INLEO increases which = a feedback loop that causes more price appreciation which means greater yield for delegators

2.6M HIVE is delegated to leo.voter and with the new tokenomics, I could see this going to 10M pretty quickly

0
0
0.000
Reply
avatar

That's another thing I want to do when LEO price has gone up high enough, is to delegate much more to @leo.voter

I can't resist straight up swapping into LEO though I feel there is much more gains to make short term doing that

0
0
0.000
Reply