My Hive-engine experiment. Profit-taking is here.
(Edited)
I'm continuing the investment experiment in Hive-engine's liquidity pools, and this week was profit-taking time. Not in my case, but in the market.
Screenshot
The main bet is LEO, and of course, after multiplying its price almost tenfold, it's only natural that many want to take profits. So, this is what happened this week. It's quite interesting to see who's acting in the market and how sometimes some kind of disguise is used so others don't see what you're doing, even if it's perfectly legal.
In any case, I think LEO's momentum is far from over. It's a deflationary token with buying pressure, and as long as this pressure exists, it will be bullish in the medium and long term. But I'll keep an eye on that in the coming weeks.
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I agree!
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STOPReally interesting update.....Profit-taking is natural after such a big run, but like you said, LEO’s deflationary model and sustained demand give it strong long-term potential.