RE: LEO and LSTR: Risk or Opportunity?
(Edited)
You are viewing a single comment's thread:
Wow, I don't know when LEO tokens failed earlier, but your analysis is great. I also was not aware that most of the current holders are from their team. You are absolutely right; this cannot be called community momentum; rather, it seems like a trap. However, in the case of ISTR, sell orders not getting executed due to liquidity issues does not seem to be a negative sign, as this problem occurs with all layer 2 tokens. The example you gave of IUC does not fit in this context because the price of IUC remains stable, which is not suitable for trading. But I appreciate this blog!
0
0
0.000
It only mentions IUC having strong buy walls. It doesn't mention anything else about it so the context is correct. Correct me if I am wrong.
SINCE U SAID IT FIRST
secondly, IUC can be suitable for trading too. It's spread is 0.98 and 1 hive difference. There is plenty of room to play between 0.02 hive. Buy at greater than or equal to 0.98, sell at less than or equal to 1 hive. There is money that can be made from here and I can deploy my own market maker here to reduce the spread and profit from it. Why I am not doing that? I know IndiaUnited is profiting from this 0.02 hive and projects need money to survive so letting them eat the cream.
For the matter of fact, whenever I sell IUC it gets sold for 0.98 not at 1 hive.