You are viewing a single comment's thread:
RE: LEO has flipped HIVE with a proven expanding tokenomics model
Well the LEO price itself is higher though its market cap remains much smaller than the HIVE one (7M vs 100M). So no real flippening in the original sense but I am also surprised by the momentum. My fear is that at one point some guys will start to take profits off the table, the rallye could turn out to unsustainable though tokenomics seem robust.
0.00003478 BEE
Yes, Lions will take partial profits at some point, but most active users on INLEO are planning to use their $LEO as the "base money" (to use an Austrian School of Economics term, lol) on top of which several layers of services have been built or will be built, allowing the users to generate a monthly "crypto flow" (in USDC, HBD, etc.) that would turn selling their LEO into a counterproductive move.
"LeoStrategy " has also announced their goal is to stack 10 million LEO (more than 30% of the total supply, as there is also a daily tokens burn going on), and to perma-stake them, something that is a de facto (potentially permanent) supply lockup through buybacks.
We will see.