Do we need to sum it up? LeoStrategy, with tokenized real world assets launched, like TGLD, TTSLA and TNVDA, and then there was also Surge. All these tokens were sold out very rapidly and took away a lot of $LEO from the market.
So, if you ask me, the logical thing should be that LEO rises, and quite a lot, even though $HIVE is dropping, and almost at an alltime low. In fact LEO should be worth at least 5 times the price of Hive right now. But the reality is... It isn't. It is worth a measly 6 cents. That is just unbelievable.
So, in my mind two things can happen now.
One: the interest in LEO drops completely and LEO goes down the drain, and is worth 0.0000006 USD in a while. Which is really possible, we have to acknowledge that.
Or
Two: the sell pressure of LEO slowly dries up, and suddenly LEO spikes like a Space X rocket. Because, eventually those who are selling will have to run out oneday? Don't they?
I really hope it is the latter!
Have a great weekend,
Sincerely,
Pele23
