PEP(T)entropy avatar

LEO token not looking good at the moment

pepentropy

Published: 29 Dec 2024 › Updated: 29 Dec 2024LEO token not looking good at the moment

LEO token not looking good at the moment

OK don't jump on me too quickly. It is not like I have not been sharing how to make money from playing #LEO

First, our most recent chart.
leo_20241229.png

A quick look says our last runup did not surpass the previous runup. And we dropped below our 40 day average, again.

20 days ago...
@pepentropy/leo-accumulation-phase-continues

... I was accumulating so I could stake some tokens and to delegate some to help me with some upvoting. Well, that has been done with some disappointment. In any case, our #pepEntropy account and strategy is fully invested in LEO at this time. Now I will monitor the earing potential of my #LEOFINANCE activities. That is, the impact of increased posting and engagement in the InLEO community.

Heads up to those who are looking for a Learning Before Earning opportunity. On Dec 18, 2024 I posted an update to our pepEntropy Return of Capital progress.

@pepentropy/pepentropy-return-of-capital-to-increase-again-jbx

I already have the SWAP.HIVE to distribute to token holders for the month of December and I have started to allocate ROC for January 2025. The Qualitative Investment Strategies are working. In fact, they are working well and it is anticipated that 2025 will be a most profitable year. I know not very many Hivers have taken a risk in collaborating with my digital wealth building journey. Maybe they have good reason but I am not hearing much feedback. Sadly, as a very active Hiver myself, in particular with layer 2 token projects, I see a lot of dead tokens. I also see many people buying into ideas and hope that are much less fruitful than the various tokens I have created as part of building a PEPT ecosystem. I mention this not so much because I am somewhat disappointed in the lack of support in my project(s) but for going on record with my goals and objectives. I always go back and review history cause it helps me refine future objectives and greatly increases my ongoing success.

The other day, Dec 23, 2024 I posted a comparison between Leo and Hive.

@pepentropy/leo--hive-relationship

hive_token_20241223.png

I mentioned the trading similarity in the trading pattern and expressed a long term projection for Hive.

Now if I am looking at fundamental value, I see HIVE as having a higher underlying value and more likely to trade 10 times higher within 5 years. There will be much price fluctuation along the way but the slope will remain positive in the long term.

As you can see we are seeing much HIVE price fluctuation. I also mentioned the risk of holding LEO versus trading the token during volatile market conditions. We have third party product/service risks and more recently we have foreign currency exchange risks. As a Canadian investor, I keep a close track of US$ as well as unfolding policies that will impact global economies. A Canadian dollar is down to 0.69 US$ but globally, Canada is doing much better than many other currencies when compared to US. All this anticipation and positioning has an impact on Hive valuation and thus all layer 2 token valuation. And not just Hive blockchain products.

So in the last 24 hours I dumped some LEO and picked up some Hive/BEE and I am ready for the next cycle where I pick up some cheap LEO and accumulate some BEE for future development.

Wishing everyone all the best.

May Positive pepEntropy be with you.

Leave LEO token not looking good at the moment to:

Written by

Providing Return on Capital (ROC) in the form of SWAP.HIVE to The PEPT Game TooFuneh Reward Pool

Read more #pept posts


Best Posts From PEP(T)entropy

We have not curated any of pepentropy's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From PEP(T)entropy