Hey All,
Finally there is some good news with LBRY Vs SECgov case that has been going around for years now. Yesterday marks the victory for LBRY where the judiciary gave the verdict that 'Secondary Sales Aren't Securities'. And hence we see this huge pump to the $LBC token, which is up more than 100% and currently is trading around $0.03 cents at the moment.
I have been leveraging the LBRY platform Odysee for quite sometime now and it basically is a Video sharing decentralized platform built using the LBRY protocol, which is ultimately and alternative to YouTube. The platform currency is $LBC aka as LBRY Credits. With all this fud with SECgov, the $LBC token had taken a real beating not only related to price but delisting of the token from various exchanges as well. But now with this positive news where $LBC - 'Secondary Sales Aren't Securities' the momentum is picking up, that can already be seen in the price of $LBC today.
Honestly speaking, I did not sell any of my $LBC tokens during this rusty phase for the project. As I believed that project has a real value and developing a protocol that already is being used in App is a real big thing. So held on to the $LBC tokens and will continue to HOLD as things unfolds further. I am expecting in near future listing in major exchanges would further add value to the $LBC token.. Overall things looking positive with $LBC...but then the question is that could we see $LBC to $1 mark in near future... In my honest opinion that is a possibility.. fingers crossed and time is going to tell.. cheers
LBRY vs. SEC: 'Secondary Sales Aren't Securities' - WIN for @LBRYcom
#lbry #lbc #sec #securities #win #lbrycom #secgov
Best Regards
Image Credits:: twitter, odysee, coingecko