RE: LeoThread 2025-03-10 23:28
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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
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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.