🚨 Can $LSK test $2 again? 🤔
Not “because the price is cheap,” but because the market needs a new story to prove that LSK is no longer just an old token.
Lisk$ shut down its network after 10 years and became a “loyalty token” on $ETH , after 100 million LSK had previously been burned, plus another 5.23 million; this could reduce supply, but it doesn’t automatically create demand.
The price is now near $0.186, after falling 18% when the network shut down; the market fears “uncertainty” more than it fears the burn itself.
🔑 How can it reach $2? It needs: $BTC to climb back above $80,000, then LSK to close above $0.20, then $0.25, then $0.30; only then does the story shift from “old token” to “revaluation.”
⚠️ The first sign that the possibility is emerging: a daily candle closing above $0.20 on high volume, after the price fails to break below $0.175; that’s the first signal, not a “10% rise.”
💡 But don’t confuse possibility with reality: LSK is 99.5% below its all-time high, and the market is waiting for real evidence, not just a forecast
#LSK #crypto
Not “because the price is cheap,” but because the market needs a new story to prove that LSK is no longer just an old token.
Lisk$ shut down its network after 10 years and became a “loyalty token” on $ETH , after 100 million LSK had previously been burned, plus another 5.23 million; this could reduce supply, but it doesn’t automatically create demand.
The price is now near $0.186, after falling 18% when the network shut down; the market fears “uncertainty” more than it fears the burn itself.
🔑 How can it reach $2? It needs: $BTC to climb back above $80,000, then LSK to close above $0.20, then $0.25, then $0.30; only then does the story shift from “old token” to “revaluation.”
⚠️ The first sign that the possibility is emerging: a daily candle closing above $0.20 on high volume, after the price fails to break below $0.175; that’s the first signal, not a “10% rise.”
💡 But don’t confuse possibility with reality: LSK is 99.5% below its all-time high, and the market is waiting for real evidence, not just a forecast
#LSK #crypto