SURGE near the tipping point.

The SURGE token, or at least its first issue, is almost sold out. This is a debt token issued by @leostrategy valued at $1 per token. It's currently being issued at $0.73, but this will change when the sale ends and a liquidity pool is launched to guarantee its backing value. The token also generates a 15% yield on that reference value. This means that if you were to buy it now, it would be around 21%. That's not a bad yield, although similar returns are available in the crypto market with lower risk.

Screenshot.

I'm quite surprised by how quickly the token sold out, and I have to say I haven't been able to buy the amounts I wanted. I still have some time, but I'm a bit short on cash to make the investment. In any case, I have LEO, which I believe is the solid foundation on which the debt is based.
What will happen when SURGE runs out? I think there will be strong selling pressure, as many have bought based on the discount, which, given Hive's low price, has created a substantial discount.
In the long term, I think it will rise, especially if LEODEX manages to continue improving its volume and creates buying pressure on LEO. There's also the possibility that @leostrategy will issue more debt, increasing the account value.
But all of this is something that time will tell, and in the crypto world, risk is something we all have to live with. The good thing is that returns are also in line with this risk.

Disclaimer.

This is not a purchase recommendation. I am not a regulated financial analyst. Under no circumstances should this information be construed as a recommendation to buy, sell, or hold a position.
You should be aware of the risks involved in investing and conduct your due research.
The information described here may not be accurate or may change at any time, so you should always check it.