market-cap paradox - Leo sits at #16 by value, yet trades like a ghost.
in some analyses i ran with edgen, #LEO current status honestly surprised me a bit..
- price $9.57, market cap $8.81b,
- 24h volume “$1.68m” > vol/mc = 0.00017.
- performance: 7d −4.22%, 1y +57.14%.
- technically, rsi 23.7 (oversold), below short-term sma/ema; trend is down but sellers look exhausted.
- on tokenomics, there a commitment to regular buyback & burn from ≥27% of ifinex revenues, plus 80% of the 2016 hack recoveries and 95% of the crypto capital net recoveries earmarked for additional burns.
some data i found via edgen analysis:
- circulating ~922.36m leo, total ~985.24m (deflationary).
- erc-20 64% + eos 36%.
- the entire process can be verified via the “leo transparency dashboard.”
as far as i can tell, it’s either “fortress holding” (a sticky holder base parked on bitfinex) or a liquidity mirage.
before i share my own view, i hope @zachxbt will forgive the tag, because i honestly don’t know anyone else in the market who sees and says the facts like he does, he’s basically a 911 emergency number and shouldn’t be bothered.
still, if he wants to weigh in, maybe we can learn something.
to tell which it is, burn tempo, net in-exchange flows, and mindshare recovery seem essential.
without improvement in those three, the “big but flowless” profile may persist.
$leo @EdgenTech #crypto
846
21
本页面内容由第三方提供。除非另有说明,欧易不是所引用文章的作者,也不对此类材料主张任何版权。该内容仅供参考,并不代表欧易观点,不作为任何形式的认可,也不应被视为投资建议或购买或出售数字资产的招揽。在使用生成式人工智能提供摘要或其他信息的情况下,此类人工智能生成的内容可能不准确或不一致。请阅读链接文章,了解更多详情和信息。欧易不对第三方网站上的内容负责。包含稳定币、NFTs 等在内的数字资产涉及较高程度的风险,其价值可能会产生较大波动。请根据自身财务状况,仔细考虑交易或持有数字资产是否适合您。

