what's up everyone
Its been a while
I come here once in a while to see how Leo and hive are doing
Sad to see but not surprised to see prices so low
The inflation with hive is what is destroying the price
The few are graping and pillaging the finances of this chain
I thought LEO would be doing better, is Leo strategy still buying up a lot of tokens?
You would think by now they would have them all with the prices being so low
I am over on Robinhood btw making generational moves
I bridged over a fat stack of funds and bought maybe 50 memes when the chain went live
I round tripped some, got rekt on some, but did really well on most
I took my profits out and ended up buying a fat juice bag of PONS and INDEX
PONS is the native token of the PONS launchpad which is by the most successful product on Robinhood right now accounting for a large portion of total volume on the chain and growing
They have been live for like 13 days and have already passed over a billion dollars of volume and have made over a million dollars of revenue
80% of that revenue is buying and burning the PONS token which is why its pretty much the top token over there right now. 100% of the PONS token's fees are also burnt/used to buy and burn. in less than 2 weeks almost 22% of the total supply is already gone.
When you look at the revenue to liquidity ratio it is very obvious this token is going places especially when you compare it to PUMP from pumpfun and HYPE from hyper liquid. people say PONS is like if PUMP and HYPE had a baby then gave it steroids
I wouldn't be surprised to see another 30x for PONS
INDEX is another play but it's not nearly as exciting as PONS
TLDR there is a 3% fee to trade index and they have products that generate fees. those fees are used to buy up RWAs (tokenized stocks like nvidea apple amazon etc) and those stocks are given out to INDEX holders every 15 minutes, they just show up in your wallet as reflections
Good luck out there, don't ever be a maxi, try different things, take chances.
Posted Using INLEO
