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Is hive price flipping the bird?
25
@ssjsasha
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1 min read
Lol looks like a middle finger
When a coin, like hive, has low liquidity, any significant buy or sell can violently move the price.
This week we had some big buys pushing the price up sharply. But we have people waiting on the sidelines to cash out some of their coins to lock in profits.
This is the tokenomics we have to deal with. But, if we can secure some whales to provide some exit liquidity for many hive users we can set our base price much higher than what we have now.
LEO token is tied to hive right now as well so when hive goes up so does LEO in USD price.
Bear markets are for building, and a lot is being built for hive.
Posted Using LeoFinance Beta
