Fixed supply matters, but not only that... I can create a token with 1000 tokens cap but no use and it will be zero. The main drive here is that the $LEO flywheel is EARNING profit every minute, and that value accrues to the token...
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... And that token is being slowly acquired and locked up ad aeternam...That is when things can go very fast very high... Blockchain projects usually lacks use case. This team has been haunting their PMF, and will not stop. Market follows!