After many many depressing days/weeks/months for HIVE(the token), it seems that the bottom, as predicted by your truly and some other hivers such as @tobetada, was really that ten cents threshold. It held great, it looked and felt like a nice jucicy bottom where some inspired investors bought in and now Hive's native token is starting to build momentum and at least get back to it previous $0.8 ATHs.
LEO on the other hand, as a second layer token, has done marvelous in the past months despite its WLEO hack that was managed by the LEO team in a high class manner. They seem to have worked hard and not only did they pay back the victims of the hack, but WLEO 2.0 is right around the corner and the token is already showing signs of strength.
$.027 was the top at which it peaked, right before the hack occurred, if i'm not mistaking and from that level it felt to as low as $0.12... hopefully I'm not wrong with the numbers. WLEO 2.0 should be launched today if I read correctly in the last @leofinance update post and that will for sure be a price growing catalyst.
There's much more good news for leofinance though, such as future sign ups for new users via twitter and google, tweeter types of posts integrated in the leofinance community, which gets me really excited, and from what I read on twitter today @fbslo was announcing "Support for Wrapped #HIVE and Wrapped Hive Engine tokens on #BinanceSmartChain coming soon". Hmmm, wrapped HIVE and Wrapped HIVE ENGINE TOKENS on Binance Smart Chain...
Tell me all of that, and much more that are boiled by master chef Khal behind the curtains for LEO(leofinance) won't turn any bull's eyes towards HIVE and LEO? It's happening already as LEO is sitting on a comfortable 14.59% growth on the daily, trading at 21 cents, while HIVE registers a 16.6% price increase on the same time frame the token being valued at 14 cents?
Who's dragging who then?
I believe that they're dragging each other sort to speak as both of them are turning to be bargains at current price level. I mean, Hive has a really working blockchain with working apps built successfully on top of it, still rocking a bad marketing though, but with tons of potential and a token's chart that really looks tasty for investors, so why not buy HIVE and why not do that all the way to $1?
LEO on the other hand, although being a second layer token, is doing absolutely fabulous with stats going through the roof for almost any metric you can think of. We have more and more new users almost on a daily basis, engagement has become quite fluid and growing steadily since @taskmaster4450 put out the initiative 10 that I am proud to be part of, and we have WLEO 2.0 to be launched in basically minutes.
When $1, sir?
Soon, quite soon. Don't know how much will take HIVE to get to a buck per token as it seems to be lagging a bit with the marketing stuff and devs that cash in for not doing much for the blockchain, but keeping in mind that we're in a bull market, that market will for sure drag the price to $1 in a few months.
Regarding LEO, my gut feeling and nothing more than that, tells me that LEO will reach $1 by the end of the year. The platform, its fundamentals, LEO team, the community and the development are simply too good to keep it away from a $1 valuation. Call me delusional on New Year's Eve if LEO won't be $1 at that time.
Thanks for attention,
Adrian
Initially Posted Using LeoFinance Beta
