LSTR (Leo Strategy) Up 888% 🦁 Wat the Hellio?
https://hive-engine.com/trade/LSTR
We are seeing an interesting dynamic play out and in a lot of respects I wasn't certain how pricing would be effected at different times for both $LEO and $LSTR
In my perception it was going to be like doing a $100K fund raise from HIVE essentially and once that would completed that capital was going to be used to buy $LEO so in my mind when that would be completed I was figuring that $LEO would pump hard if they plowed $100K worth of capital into $LEO when it has low liquidity and with that I feel very under exposed to $LEO but happy I realized weeks ago that I need to at least have a position here.
I didn't anticipate the huge pump in $LSTR at this time because I was thinking that we wouldn't really see the full benefit of that until September when the USDC rewards kick in. In my head I was thinking that once the Leo Strategy crew started earning the USDC rewards and using that to buy more LEO the underlying value of the holdings of $LSTR would keep going up.
These hungry lions evidently aren't waiting to have their timing exact they seem to be buying in. When does it become overvalued? It's really hard to speculate on that because we don't know how hard $LEO might pump so the underlying assets that $LSTR will ultimately own could be worth an insane amount. We just don't know.
It puts $LSTR valued at over $900,000 but we would expect it to be worth multiples of what the underlying asset is worth in some respects when we look at the way other stuff like this has been valued or the way income producing properties or businesses are valued. It's a mind bender for sure.
Exiting times and how many $LEO Maxis is this going to create? Hahahha...... I love these small ecosystem plays. Partially because if people weren't deep in the HIVE community they wouldn't know this was popping off at this given time. $LEO has already produced about a 5X for me.
Khal is saying $LSTR 's fair value is $1.69 right now. https://inleo.io/threads/view/khaleelkazi/re-leothreads-3akww8hwd
My plan is to go deeper into this and pick up some $LSTR as well as we see this shake out over the course of a day or so.
Posted Using INLEO
I think you're making a master move, buying LSTR and then piling on LEO with no intention of selling "yet" :-)). If this goes up, many will wish they'd gotten in when it was worth pennies. What brilliant madness!
Hopefully it works out for all of us!
Reminds me of my CUB tokens (also Leo Finance) ….
Where I lost 100% of my Investment ….
Over $10,000 of BNB …. Gone
That is where the $$$ is coming from ….
With CUB I had good timing and it was a banger for me. PolyCub on the other hand didn't go well for me because the tide went out on the entire market. I don't like that they sort of abandoned those assets though.
I learned a very important lesson with Cub and Leo Finance.
Even CAKE and BSW long tailed out really bad.
https://www.coingecko.com/en/coins/pancakeswap
https://www.coingecko.com/en/coins/biswap
Yep… so many crypto scams out there. Have to be very careful.
The only crypto that turned out to be Good are TRON Bitcoin and PEPE.
Everything else is a scam.
What about Blurt?
Blurt will skyrocket to $1000 as soon as it flushes out a few people who are selling at “Market” price on Probit. @ctime and @mmmmkkkk311 are stacking millions to take Blurt the moon.
It will take a few months to flush out a few bad apples.
It wouldn't take much to make it really move because of the low liquidity and low market cap right now. Something is certainly going on with the amount of volume for it on HIVE Engine.
Yes. People have figured out how they can earn Bitcoin and Litecoin with their Swap.blurt in the BeeSwap Liquidity Pools.
Blurt is now backed by Bitcoin and Litecoin and even Sports token and BNB.
Blurt could eventually go to $100,000 if it is completely back with Swap.BTC on BeeSwap. 1 Blurt will = 1 Bitcoin
Earn Bitcoin and Litecoin while you sleep.
https://blurt.blog/rewards/@ctime/rewards-1754408103901
It’s the best way to stack one Whole Bitcoin … passive income every day.
https://beeswap.dcity.io/pools/add?pool=SWAP.BLURT:SWAP.BTC
LBI was first and better.
Why do you feel it is better?
It's management is more transparent. Been around longer, and I hold a decent bag of it. I've been involved with it from the beginning.
Nice, I might just buy a bit of each.
DYOR of course, but I am pretty sure LBI just used some of their holdings to buy some LSTR.
Interesting.... I will look into it! Thanks!
!LOL
Posted using MemeHive
lolztoken.com
No, but April may.
Credit: bitpizza
@brianphobos, I sent you an $LOLZ on behalf of holovision.cash
(1/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
Click to delegate: 10 - 20 - 50 - 100 HP