That was fast! Six days ago, the SURGE unsold balance was 155,131. In less than a week, 71,627 SURGE have been bought. Today, only 83,499 SURGE is left in the initial sale of 500,000. I think the end of October is too far before we see all this unsold balance disappear from Hive Engine. Not only that, I expect that the 286,508 SWAP.HIVE's additional capital from the sold SURGE will add to the buying pressure of LEO. The logical outcome of this is price appreciation on the part of LEO.
In less than two months, by selling 416,501 SURGE, raised 1.66M SWAP.HIVE capital to support the price of LEO. That to me indicates strong support from the Leo community. I wonder what's next for SURGE after the initial sale is gone?
Posted using SoMee