LEO Is Worth 1 HIVE Per Token
I think almost everyone here on Hive knows about the LEO token and Leofinance community at this point. What's not to love about a community that continues to develop new projects that benefit Hive and one that continues to make marketing pushes on Twitter and social media.
Leofinance is one of the best run projects I've seen and one of the best things I've heard about it is this snippet by @khaleelkazi several weeks ago:
"LeoFinance is more than just a blogging platform. It's a media company and a platform for social applications. The possibilities to build LeoApps are endless and new projects like the LeoFinance Hive interface, the Hivestats.io project, LeoDex and others like LeoFi are going to change the way we think about communities on Hive."
I like this way of thinking. To pursue being a media company and a platform for application development. A media company can attract people's attention and a platform for apps can keep people coming back. That's just smart business.
I am a regular trader of cryptocurrencies and I particularly like to trade projects that seem to have a well rounded team behind them.
Leo is one of those projects and while it is very small compared to the big projects out there that I normally trade like LINK, BAT and others, it still has a lot of potential to grow. Especially now that the team is pursuing a wLEO ERC20 coin which will take the platform to the Ethereum blockchain and create new opportunities for new investors to buy the LEO token.
It's no wonder that since the announcement of the wLEO token launching soon (https://leofinance.io/hive-167922/@khaleelkazi/peeling-back-the-layers-of-defi) the LEO token price has shot through to the moon.
The price is only a few dollars away from being 1 to 1 with HIVE. Which means that LEO is almost worth $0.22 / LEO. This is nearly a 10x increase in price since the announcement and the wLEO erc20 token hasn't even launched yet!!
The time to buy LEO seems to be now before this all goes live. I am sitting on a pile of Ethereum and will contribute to the Wrapped LEO liquidity pool pairings when they go live.
Posted Using LeoFinance
Shh..Don’t push the price too high before I accumulate. :)
Posted Using LeoFinance
lol I will try to accumulate too. the race is on :)
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It would be really nice to see the value of Leo going up. Hopefully that will help Hive's price as well.
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I think leo is in the early stages of a long term uptrend. There are a lot of things happening for it right now like the Ethereum dex listings + new interface that we are excitedly waiting for them to release :)
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It is cool to have the parity. ;)
The parity is great. I think we'll see LEO even surpass hive and hold a higher price than it by the end of 2020. This project has a lot of positive factors going for it
Posted Using LeoFinance