Has LEO token reached a bottom?

avatar

Today, I have staked 500 LEO tokens and I am working on a strategy to profit from a price recovery.

I have been in and out with the LEO project and it has served my PEPT project well. Everyone has their own strategy for Hive Layer 2 tokens. I have many strategies for many tokens. I created a #TooFuckeh token challenge with LEO token which was achieved a month ago, today.

https://peakd.com/hive-111011/@toofuckeh/toofuckeh-mission-accomplished

Now that I am seeing a slowdown in LEO price drop and since we got a little bump in the price in the last few days I am creating a new set of goals and objectives in anticipation of future growth.

I will continue with pepEntropy Qualitative Investment Strategies to extract value from trading LEO tokens and I will start to look at earning potential from blogging about LEO.

The risk is not low so LEO related activities will be made slowly and cautiously. Time is money so it needs to be managed wisely. So here we are starting to blog about LEO to see some result.

That's it for now. Just wanted to let the world know that Project ePayTraffic PEPT is preparing for a LEO price direction change and exploring its usage within the PEPT ecosystem and economy. PEPT continues to evolve and grow digital wealth for its community subscribers. Have a look at PEPT Sovereign Wealth Fund to Learn Before You Earn and see how a community is growing digital wealth and store-of-value opportunity.
https://peakd.com/hive-102963/@fjworld/pept-sovereign-wealth-fund-introduces-return-on-capital-for-swf-stakers

So what do you think about LEO token and how do you see its future unfold?

May Positive pepEntropy be with you.

Posted Using INLEO

hive-167922 tribes income pimp archon cent bbh lolz pepe meme
0
0
0.000
13 comments
avatar

As much as they are doing, I still can't bank on the future price of a micro-cap second layer token. This said by someone who runs two micro-cap projects, lol. My play with LEO is to support them and the ecosystem by having a couple of thousand staked for some LEO power, but I like delegating HP to leo.voter and earning the daily yield while helping build more HP voting power for the community which helps with things like DHF proposal voting as well as post upvotes. I then sell the LEO into HBD or HIVE depending on the market and either staked into savings, used on the layer 1 HIVE/HBD exchange to provide market liquidity, or powered up into more HIVE Power that I then delegate to leo.voter, lol. It's generally a rotation between those 3 functions.

0
0
0.000
Reply
avatar

I agree on the L2 sentiment. Being on Hive L2 is limiting our growth potential. The future of the LEO token is migrating core operations to Arbitrum

Hive’s L2 (hive engine) will become a wrapped version of LEO. While “main LEO” is on Arbitrum

We already have a presence on Arbitrum and that presence is growing

0
0
0.000
Reply
avatar
(Edited)

Will there be a LEO/USDC pool on Uniswap or anything like that in the future so EVM based aggregators can access it's liquidity? I have ARB LEO setup to trade on Logicswap, but there isn't a pool in the EVM system to use. Maybe we can work together to make that happen in the future.

0
0
0.000
Reply
avatar

There’s no need for them

You can already trade arb.leo with nearly any main asset (ETH, USDC, Arbitrum USDC, USDT, BTC….)

Adding LEO to crosschain DEXes removed the need for future pools. Any EVM aggregator that isn’t aggregating crosschain pools yet will be in the future

0
0
0.000
Reply
avatar

Being on Hive L2 is limiting our growth potential.

On this, I assume you mean specifically as per the future of LEO correct?

I have only been here 2 years but I feel confident with investing and growing our Hive community.

The future of the LEO token is migrating core operations to Arbitrum

This part is an area that I am slowly learning more about. As much as it can help expand future growth for LEO it does come with some additional risk.

0
0
0.000
Reply
avatar

Thank you very much. !LUV the feedback.

I still can't bank on the future price of a micro-cap second layer token.

I hear ya. Not easy but doable.

I have delegated in the pass to leo.voter but I was not satisfied with the result and with the price declning and higher third party risks I moved the funds to another project that was more likely to give positive returns going forward.

Thanks again for sharing your strategy. It will help in making my LEO journey more rewarding.

!LOLZ
!PIZZA
!PIMP

0
0
0.000
Reply
avatar
(Edited)

I hear yeah. Gotta do what's best for your money. I am just kind of laser focused on what I am working with at this point and not looking to diversify anymore. I look at it like a DCA kind of situation. I treat DOGE the same way I treat LEO. When I say that, I mean that I have DOGE miners that I run at home, and I use that DOGE to get more Monero or I bring it into my Hive ecosystem. Just depends on how I am feeling that day, lol.

0
0
0.000
Reply
avatar

It's exciting to hear that Project ePayTraffic PEPT is gearing up for a change in LEO price direction and exploring new ways to integrate it within the PEPT ecosystem and economy.
Looking forward to seeing how this development unfolds.

!ALIVE
!INDEED

0
0
0.000
Reply
avatar

Yeah! I'm expecting some #FUN time ahead. Lots of chaos in the world to come, so I have been preparing for an expected increase in Hive project investment opportunities. !LOLZ

0
0
0.000
Reply