What happens when LEN prices dip?
last month in Proof of Brain by liotes
What happens when LEN prices dip?
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At the moment there are 9.7 LEN tokens in the prize pot for the Liotes Power Challenge 2025.
I went and purchased some LEN and then also added to the buy wall.
I'll make a note to check it periodically this week.
I don't think it's just balancing stuff because the Hive price is skyrocketing, people were encouraged to sell tokens to HIVE. Some tokens were affected as well.
Nice to see I'm back in the top 5. Go Liotes on Long-term!
!ALIVE
!PIZZA
Of course you are right. People wanted to take some profit and profit from high hive prices.
Thanks for sharing! Am never worried about the price of the LEN tokens because I see updates week in week out. Added to the buy wall!
We try to keep things as transparent as possible and it's nice to see that it helps to build trust :-)
Brace myself hang on because you guys give loads of assurance for it to bounce back quick!
Thanks for the detailed explanations. It made a lot of sense. Thanks for sharing.
!PIZZA
Thank you for the information about what happens when the value of the LEN token decreases.
The project is solid and fluctuations in the short term are not that important to me
!discovery 20
The project is solid and fluctuations in the short term are not that important to me
That's nice to hear. We are building something for the long term here :-)
Seems ok to me. Sometimes people sell more than expected, but the buy wall will be rebuilt.
Exactly, it might take some time but there is fresh money coming in every week to build it again.
I am not worried about the dip in prices. I guess that was a pretty large sale if that entire buy wall got taken out.
If they would have sold through the diesel pool, they would have gotten a much better price. This being said it ate through our orders.
If the price of LEN drops, just think of it like a roller coaster: sometimes it makes you scream with joy, other times it’s nerve-wracking, but it’ll climb back up eventually. This is actually a golden opportunity for those who can spot it first! 🚀
This is actually a golden opportunity for those who can spot it first!
A lower price is always an opportunity for others ;-)
I'm in no hurry to dispose of anything so it's just going to be HODL and chill. If the price runs up 10x however... 🤑😜
It will probably take some time to reach a 10x but that's where we are heading in the long run :-)
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@liotes!
You Are Alive so I just staked 0.1 ALIVE to your account on behalf of @cursephantom.
