RE: LeoThread 2025-08-09 23:08
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The amount of Leo in the Hive/Leo pool seems to be shrinking. That means at some point someone is gonna buy more Leo to fill the pool. And as the price of Leo goes up, more Hive will be needed to match the price.
At some point Leo is going to cause Hive to pump too, huh?
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similar thought i have. :)
It can be. Let's wait and watch.
A saw two people saying they were buying a lot from there, I guess they are the big force behind that. It still have 300k leo though, so it may be a few more days before the pool starts putting pressure on leo. It will probably happen though
I have some HIVE in Binance and in that case I can take advantage of it.
We will be in win win situation doesn't matter what's happen. Hehe. It's time to chill.
It's a cycle the feeds itself. Profit for the holders 😀
If second layer tokens do well then hive does well.
Splinterlands drove hive over $2 in the last bull cycle. If Leo goes to $1 on arb a lot of people will sell some back into hive at 5/1 sucking up liquidity and moving the price.
Or if External people want lstr they will need hive to swap.
The more profitable second layer projects on hive the more the whole eco-system is worth.
All projects should be trying to generate revenue and then we all win.