Added 9 more LSTR. With LS ramping up their LEO buying, SURGE moving to Base and probably selling out quickly, and LeoDex poised to enter the Perps market, there is going to be a LOT of revenue available for LEO buying. Not to mention we're only a little over a week away from sLEO payments starting.
If LS takes the LPS to 30 and in the process moves LEO back to $0.25, that's a $7.50 par value on LSTR. Throw in the fact that LSTR will be available to purchase through Base (I think--not sure how that's going to work yet), and there is no reason to think it won't start trading with a Premium. In the meantime, LEO will also probably start getting some notice so...$0.25 could be a very conservative number. At 50 cents, LSTR is $15+. Buckle up boys and girls, it's starting to get real.
Im very excited about this and am positioned well to earn by being a bystander who is not well versed in trading. My only question is that when LSTR is $15 who is the buyer when If i want to drip out. Is it LS or is that just Leo?
Yeah, and what Khal said. $15 is still going to be very, very early in the flywheel. There will be buyers. When LEO hits 100M market cap (LEO =$3.33) there will be a much larger pool of investors who will take an interest. This is what's so crazy about this whole setup, very few outside people will take the risk of buying something this cheap. At least not without doing a ton of research. But once the token starts trading in the $3-$5 range, there will be LOTS of people willing to buy it for a 10x to $30. Or $50. And at $50, there will be another whole group of investors interested in riding it from $50 to $500. Look at BTC. It wasn't until it was in the $50,000 range that BIG money really started to take notice. And now they're buying it over $100k thinking it's going to $200k. Everything is relative.
When LEO finally "matures" in the next 5-10 years, there will be lots of different reasons to buy it, own it, stake it, borrow against it, whatever.
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The buyer is someone else who wants LSTR at $15 because they believe the fund will continue to grow LEO Per Share
That's why there's a liquidity pool. You can swap your LSTR for LEO and then swap your LEO for USDC and get whatever you want.