Have you seen SURGE trading at 75c?
If you thought you missed out on picking up SURGE with a higher effective yield after the pre-sale ended, it's your lucky day.
With SURGE trading below $1, the effective yield (your return relative to the price you paid) increases.
Here’s why:
With people happy to take instant profit on their already discounted pre-sale price, this is what still makes SURGE trading at these prices super interesting.
The floor should be around $1 because that’s the asset's intrinsic value, but if market sentiment, liquidity, or misunderstandings drive it below $1, you are effectively buying a higher-yield, discounted version of the same $1 claim.
And since it’s redeemable for LSTR (when you choose to convert), buying below $1 is also like getting a discounted call option on LSTR’s future price.
Seems like a no brainer to me.
Best of probabilities to you.
Dane.