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RE: Why I Just Bought My Way to 100k LeoPower.

in LeoFinance2 years ago

Yeah, I get it. Both CUB and PolyCub have not been good to say the least. I still think there's hope though. If they can get LEO on track then I think the others have a chance at coming back. But, as I said above, there are reasons these things are trading where they are. At this point, that's all they're worth. In the meantime, the encouraging part to me is that both CUB and now LEO especially have some revenue streams that can feed back into the token. If Threads breaks out into bigger numbers, that will finally create some support for the token. I will be interested to find out what kind of numbers they're talking about. If my math is right, it will take roughly $40k a month to buy every newly minted LEO at 5 cents. That would support the price here without any outside buying and assuming everyone who received that LEO through curation and posting actually sold it. If people hold or actually buy it, then that number probably supports a 10 cent price. Which is why I just bought it all now instead of building it throughout the year. I think the numbers should at least support a double from this price. After that, we'll have to see what Threads does. If it keeps growing and builds the MAUs to 10k, 20k, 50k....then the numbers start to really look good. It's a gamble but...I think a good one.