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RE: STEMGeeks burn report - 54% burned this week - August 13th, 2022

in LeoFinance6 months ago

I just checked the price action in Hive Engine, it spiked to 0.19 Hive and then a recent transaction made it to 0.01 again. It is up to the sellers to set the price, but, if it increases because of burning the tokens, sellers should increase the ask price to get at least 25% more in profits, but it seems they just lost the opportunity.

All the best.