RE: LeoThread 2025-07-17 19:34
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The orderbook on HE is basically air. We're talking less than 140k LEO between here and $3.
Combine that with the pools and there must be - I estimate - less than 1.5M LEO that can be purchased through buybacks between here and $3 (high estimate - assumes some idle LEO wakes up to the rising price and is listed for sale).
If Lions continue to not sell their LEO - as we've been seeing - and the buybacks continue at this rate, $3 is imminent. If we get LeoDex volume to $4.4M per month (currently about 50% of the way there), then we will achieve $3 by October or sooner at this rate
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If that happens...I will power some down to buy drinks and dinner for everyone here lol
Fair warning!!!
Haha
are the hidden orders mostly from pools?
Hidden orders?
yeah, the bots that put out sell orders after you put out buy orders. I often see (for example) 100 Leo being sold at one price but I’ll set a buy orders at that price for 1000 and it usually gets filled immediately.