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RE: LEO: A Crypto that Actually Generates Revenue for its Hodlers

in LeoFinance2 months ago

It could be a lot sooner than 10 years. There is a lot of LEO going into diamond hands or into a staking contract forever. Things happened fast from 0.015 to 0.24, and will happen fast (a bit slower) from 0.15 to $2.40.

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I don't disagree. It could indeed happen much, much faster if the network effect gets involved. But, it becomes a lot harder to buy up LEO when the price is $10 as opposed to 15 cents. $3000 in revenues can buy 20,000 LEO off the market now, but only 300 at $10. Granted, there should be a lot less LEO in the float at that time, but there will still be millions of tokens held by individuals who will want to use that money. On the flip side, if LEO is $10 and LSTR holds 10M tokens, that's $100M on their balance sheet. In which case, they should be able to raise more capital at much higher numbers by putting out more derivatives. It's all relative. All I know is that it will be a good problem to have. :-)

Exactly. The next 10x will be slower, but will happen. The 10x after that will be slower, but will happen. If the bull market heats up and LeoDex volume rips... all bets are off. LSTR stake will print. All I know is higher.