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RE: Can 300,000 LEO Airdrop to wLEO holders get it to Binance or Bittrex?

in HODL4 years ago

Everybody is talking about wLEO tokens and the sustainability on the ETH exchanges, but I would take a look also at the services and the value behind the token. I mean what if the token will increase its price x10, I don't see how that would be translated into real value in order to continue to grow and not fall. Maybe you have any idea on how this would play out...

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What's the "value" for you?
Nobody can say what's the fair value for it. Fair value is actually arrived at through large exposure to the markets. It's the community participation through market transactions that decide what it's worth for.

If you ask me, it's highly under-valued at the moment ....even if it goes 10x to $1, Because when it will go to $1, I expect community size and participation to increase resulting in more quality content in this ecosystem. Leo Finance community is a super micro-niche serving only investment related content. And if you can derive some value out of that content, you wold like to confer some value to its token. Revenue from advertising on the platform will also increase with the growth in visitors. So it will result in more token burns ...adding more value to the token. You will see more use cases for LEO as time passes. Stay tuned :)