Million Dollar Question: Is $LSK the opportunity of a lifetime or a trap for traders? 🤔🚨Everyone is talking right now about the coin $LSK after the recent violent market moves and the plan to burn a quarter of the total supply of the coin (100 million tokens).The market is now divided into two teams:
🟢 Optimistic team: believes that the move to a Layer 2 network (L2) and the destruction of a large portion of the coins will drive the price to new highs.
🔴 Cautious team: believes that the specific deadline for transferring the coins and closing the old blockchain could cause selling pressure or confusion for investors in the long run.
Which team are you on? And what is your next price target for the coin? Share your analysis in the comments! 👇#LSK #Crypt #CryptoTrading #Altcoin
🟢 Optimistic team: believes that the move to a Layer 2 network (L2) and the destruction of a large portion of the coins will drive the price to new highs.
🔴 Cautious team: believes that the specific deadline for transferring the coins and closing the old blockchain could cause selling pressure or confusion for investors in the long run.
Which team are you on? And what is your next price target for the coin? Share your analysis in the comments! 👇#LSK #Crypt #CryptoTrading #Altcoin
