RE: LeoThread 2025-02-20 16:56

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Thorchain volume nearly half of what it was pre-crisis. Things look quite bleak from a pure numbers perspective

leofinance
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Also, it's not helping Thorchain that new L1s keep on popping up each and every day...

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Well new L1s always will be created. The real question is whether Thorchain can handle the stress while also innovating against competitors

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Definitely. I'm thinking that the challenge for Thorchain is that the competition is getting very tough. I'm always testing the new L1s and must say some of them are quite impressive. For example, Hyperliquid & Berachain

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Hyperliquid maybe, Berachain not in a million years! My personal opinion...

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Not betting on Berachain in the long term either although the user experience has been pretty good. Lot of VC unlocks coming up later on so gonna migrate elsewhere when the time is right. Next stop Monad perhaps 🙂

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Are you talking about your VSC project?

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Not necessarily, you can include VSC in that list sure, but there are plenty others

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I was worried initially...so I forced myself to buy low. 😀

I think that I will not be sorry.

It is going to take a while, but I believe a 5-10x is not a stretch for me within the next 12 months.

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Wait and see, but considering it'll take 50+ years to pay back debt, I am not sure if consumer confident would allow for that quick of a recovery/growth even

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Yep. Everything is a risk. If I just don't lose any money I will be OK. I do think they can ramp up fees and such if they hit the marketing hard and Rujira is as good as hoped.

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