Summary: InLeo AMA – October 22, 2024

Threadcast link:
https://inleo.io/threads/view/khaleelkazi/re-leothreads-2yraetlbi

Link to recording:

Speakers

@khaleelkazi @scaredycatguide @anomadsoul

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DISCLAIMER: The following has been generated by AI (Claude-3.5) based on the publicly available recording of the livestream. Because the content is AI generated it may contain errors, so please keep that in mind when reading. Feel free to suggest corrections and/or add additional information/improvements in the comments. Read more: Introduction post for the AI Summaries project

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Exploring Bitcoin's Recent price Action

The conversation began with an analysis of Bitcoin's recent price movements. Khal noted that Bitcoin had an interesting Sunday, climbing to nearly $68,000 before pulling back to around $66,000 on Monday. This was seen as a potential break from the typical Sunday dip, which Khal found curious. Mitch and Eric shared their perspectives, with Mitch noting that the Monday candle was quite small considering the $2,000 price swing.

Navigating Market Uncertainty

Looking ahead, the hosts expressed uncertainty about the near-term market direction. Mitch suggested that the market may trade sideways for a while, with a potential breakout towards the end of the year. Eric agreed, noting the various converging factors, such as the upcoming elections and the Fed's rate cuts, that could influence Bitcoin's price action in the coming months.

Addressing the RUNE Regulatory Rumors

The discussion then shifted to the recent rumors surrounding regulatory scrutiny of the RUNE token. Khal clarified that he had not seen any official SEC filings or credible sources confirming these reports, and he believes they are likely unfounded. He emphasized that even if such actions were taken, the decentralized nature of the THORchain project would make it difficult to target specific individuals.

Celebrating the Ledger Integration

On a more positive note, the team celebrated the recent integration of ThorChain with Ledger, which Khal sees as a significant milestone for the ecosystem. He believes that ThorChain will become the backbone of crypto trading, with its superior cross-chain asset movement capabilities being utilized by various platforms and applications.

Dash Integration and the InLeo Roadmap

The conversation then turned to the upcoming Dash integration with InLeo. Khal explained that this integration will allow Dash users to seamlessly earn and receive their rewards in Dash, with the platform being designed to feel like a Dash-native experience. He also discussed the plans to automate the process of converting earnings into Dash, leveraging the capabilities of the updated LeoDex.

Subscriber-Only Content and Customization

The team also addressed the topic of subscriber-only content and the potential for further customization on the platform. While Khal emphasized the benefits of a simple, flat-rate subscription model, he acknowledged the community's desire for more flexibility and customization options. The team indicated that these features may be considered as the user base grows.

Driving Engagement and Visibility

Recognizing the importance of community engagement, Eric introduced a new Telegram-based "raid" system that allows users to easily interact with and amplify InLeo's social media presence on X (formerly Twitter). The team encouraged the audience to join the Telegram group and participate in these coordinated efforts to boost the platform's visibility.

Overall, the AMA provided valuable insights into the current state of the InLeo ecosystem, the team's strategic priorities, and the ongoing efforts to drive growth and adoption of the platform.

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Posted Using InLeo Alpha