LEO is consolidating its gains. That's what I can see in my weekly review of this Hive-engine token now on Arbitrum.
It doesn't seem to have seen very strong selling pressure this week, but enough to slow the token's upward trend.
Screenshot.
As you can see in the image, it's consolidating. The good thing is that there isn't as much selling pressure as expected. Only a few who have seen their capital double have decided to sell a portion just in case it's a false exit. It isn't. At least if LEO doesn't change its plans and does what it says. In that case, the buying pressure will remain in the short term and increase in the long term.
That means that if you trust that LEO's managers will do what they say, you should hold on to your LEO because you're guaranteed they'll buy it back much higher.
If LEO token mania works and consolidates, it could be a good boost for Hive, as other tokens could follow the same path. In fact, this should be the path all tribe tokens should take. Generate revenue from visits and buy back the token to increase its price. This attracts more viewers, more visits, more revenue, and more buybacks.
It's actually a simple system, but as we know, the simplest things are usually the hardest to do, and someone has to do it.
If you like draws and you like to receive dividends, the token that has everything "SORT" has arrived.
Perpetual lottery ticket that distributes dividends 1 Ticket for every 10 Sort Tokens Gives the right to participate in multiple raffles without the need to sign up.
You can purchase your Sort tokens here:
https://hive-engine.com/trade/SORT
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