Market wise, $LBC seems to have stalled a tiny bit. There was immense buy pressure up from 40 sats and just no sell side liquidity the whole way up. So the price just moved up. Then as the price finally got to the 130-150 sat region, some sellers finally put in huge orders for millions of $LBC. But interestingly, it seems like the buyers are just as determined now as they have been at any other time. This has lead to a massive increase in volume. Pretty much the highest seen this calendar year.
It'll be interesting to see who wins out between the sellers and buyers. My guess is on the buyers because my guess is the sellers have finite $LBC and the buyers just don't care at this price.
That said, there's a pretty solid argument on the other side of the aisle that price action can't be supported at these relatively high prices. Will be a fun one to watch.
I suppose the hope is that LBC becomes more available and more widely used.
I love Odysee, maybe after this Stupid lawsuit is over we can easily buy LBC from Odysee.
LBC will go up organically and continue growing. Lets the market decides which asset to use daily.
And I hope this is not a pump and dump like we always see.
Traders and speculators ruin useful projects, stick to the meme coins for that shit.
