RE: LeoThread 2025-03-10 23:28
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$LEO is now worth a penny let that sink in... The team needs to make some serious adjustments and quickly because what they are doing now is not working.
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Inspite of regular buyers and leostrategy the selling pressure is not abated.
!BBH
leo strategy is not what i thought it would be. they had plans to really be visible, curate and support the community. havent seen anything from them in a while now.
i'm buying this stuff every day but alas...
They should appoint a curator account if they can't do it themselves.
Most I believe but I'd love to see stats on this are taking the high APR from delegation and just selling out in order to get access to liquid funds as keeping hive over half gets locked up. This is a HUGE opportunity for Leo to make a super easy dashboard for people to swap out and collect at least a small fee which would at least help a little. APR is also too high they are paying out more then what is being brought into the token.
It's concerning for sure. I'm all in and have even lost money now buying at 2 cents lol
I suck.
Hey I was buying this thing when it was $0.50+ lol would have been far better off selling out. I've given them PLENTY of time and support to try and right the ship and it just hasn't been happening. Sometimes you need to face the hard truths and Trump style your business lol
you really haven’t seen the rest of the market, have you?
Rune is also sub $1
The “can devs do something” statement is applying to all Alts
Everything will be fine. Focus less on short term price action and more on long term building
You can't blame the rest of the market. If you have a good product and solid fundamentals then your token price would always increase and not be based on the general overall market sliding up and down. Value needs to be added and injected into this token. A reason for people to hold it, the APR on hive delegation needs to be reduced as many are just minting and selling LEO right away to get access to liquid funds etc. Things that made the price of LEO strong before were ad revenue (which we still don't have), NFTs which we still don't have, Leo power up days which seem to not be as strong or marketed as hard anymore, swap fees from a easy user interface directly on InLeo itself so those that do swap out of leo for other assets at least some value is coming back.
You're saying that the market always correctly prices assets based on fundamentals?
You're focused way too much on short-term price action. Zoom out and focus on building something that matters. Price action is not my concern
No but the token price of LEO has done nothing but gone down for years now. At some point that ship has to be righted.
I speculate but would love some stats maybe I could bug Dalz to run a custom report. If people that are getting the higher APR from $LEO are just selling out and if the APR is too high and causing the price to constantly bleed out for Leo. Something's not right that's for sure because with buy back like that you should be seeing steady value increases or at least a hold.
It is not that easy these days to be honest. Everything is down a lot...
Yep.
Besides the fact that the crypto market is struggling, they need to listen to what the community say. Taking decisions single handedly or a person or two may not be that helpful.