It is a great time to hold and accumulate Leo tokens. There's been considerable development in the project and this has reflected in the price of the token.

Over the past three years, leofinance has proved to be one of the most consistent and reliable projects on Hive. Yes, things haven't always gone according to plan but one thing for sure is that there's no plan to quit.

Cubfinance and other Cub related tokens haven't exactly panned out as I hoped but that's all part of the growing process. If you look around, you'll find that this downturn in the situation isn't particular to Cub token and even a Defi token like Cake on BSC network has also taken quite the beating.

Anyway, as leofinance project continues to grow, we have seen the community expand quite rapidly with the popularity growing beyond the shores of Hive community. This is a result of a number of factors, including the community's marketing efforts and the longevity of the project.

There is still a lot to come from Leofinance project; We already know about the developments in Leo Threads and the complete overhaul of Leofinance front end that has dramatically increased engagement on the website. We know about Leofinance's onboarding activities through LeoInfra and the project's intention to boost short form content on Hive.

Leofinance is taking steps to place itself in Crypto lore as one of the champions of free speech and value creation for investors. Things will not always be smooth but in the long run, the net positives will reflect in the price and Leo token holders will be smiling to the bank.

GLX slides again

After a couple of days in the 1 cent range, GLX token has once again tumbled below 1 cent, and currently trades at $0.008, at the time of writing. This ill-timed dump comes at a time when I need the exact opposite but that's just how it goes in this dangerous game we play with crypto.

I made a small sale recently and if I wasn't looking to move funds in the opposite direction. I'd be taking advantage of this dump. Actually, I might still get the opportunity to milk the dump with some extra funds I'll pull out from my HBD savings in the coming days.

At the time of writing, you can buy 1K GLX tokens for as low as $8 and I believe that in the long run, that's going to be worth a lot more. There's really not much to expect from GLX in the short term and while I think the proper launch in September will have a positive effect on the price, it will certainly not be dramatic if the general crypto market continues with its current trend.

$0.008 looks like the bottom for GLX but who knows? The token could still tumble further and in case that happens, it will be about buying up as much as I can for the future.

Posted Using LeoFinance Alpha