@khaleelkazi's thread
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@khaleelkazi
ยท 1Y agoJust saw a comment of someone saying "waiting to see if SURGE's price will pump or dump"
This shows a massive misunderstanding still exists about SURGE
- the floor price is $1
- the presale price is (currently, not for long) $0.734 because its priced in HIVE and HIVE is dropping in value
- the effective yield increases as the price of SURGE decreases (creating a self-healing mechanism for price stability toward $1
- the embedded conversion option to LSTR gives SURGE additional explicit value (LSTR rising in price = more value for SURGE)
SURGE is designed to be $1+ in price and rise over long timeframes. You get the upside exposure of LSTR succeeding + yield while you wait
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