How and Why $LEO's thin liquidity is going to help with price action
A small amount of protocol buying has an exponential impact
How and Why $LEO's thin liquidity is going to help with price action
A small amount of protocol buying has an exponential impact
Very possible. Anyone who buys medium to large in size is going to effect the price in a positive fashion. Having so many people staking and wanting to stay that way will just feed this whole effect.
Some people will begin selling if it gets to their life changing price and that's ok.
Revenue going forward is definitely the sustaining bit.
Looking forward to see this model play our IRL.
The only issue with this viewpoint is that large traders want liquidity for easy enter/exit with minimal slippage. Naturally, the same number of tokens at a higher USD price offsets this, something Bitcoin has seen happen.