It's a very limited supply and most of it is staked or in liquidity pools already. Just a few new whales and the price is bound to go up parabolically. And to be a LEO whale just costs a few thousand USD. 150k LEO for around $4000 USD at these prices. That's crazy and I think only 2 or 3 more people will be able to buy that much LEO under .07 Hive. It seems every 100k-200k Leo bought the price will rise 0.01 against Hive right now. Just my observations.
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They couldn’t do that all at once though. I highly doubt the liquidity is there. The price would pump like one of the Korean Hive buys, 🤣 Then dump right back down.
well I bought 70k last week. I think there is 2-3x that much in hidden orders between 0.06 and 0.07 hive
Well ain't you something, lol. I don't see enough benefit in staking that much of the token, IMO, other than just social clout. I have been focused on rebuilding my Hive Power so that I can delegate and earn liquid LEO that way, as well as building a solar powered mining farm, and restacking up my main assets like XMR and LTC after spending it all on the miners, lol. As we have seen with the DHF, we need more lions to put focus into Hive Power so we have that say so in layer 1 governance. If they were to ever decide to fork from Hive, then yeah, I would stake up hard pre-fork, but until then, I have to go with building layer 1 stake.
then this thing has to be kept and safeguarded I doubt I'll sell any unless I'm selling to buy more later