@khaleelkazi's thread

khaleelkazi
82
@khaleelkazi
ยท

Just 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

  1. the floor price is $1
  2. the presale price is (currently, not for long) $0.734 because its priced in HIVE and HIVE is dropping in value
  3. the effective yield increases as the price of SURGE decreases (creating a self-healing mechanism for price stability toward $1
  4. 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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