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LEO and CUB Both Sound Investments

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When it comes to investing I like to dig under the core aspects of the cryptocurrency and not just because it's moonshot. I play the long game on almost all of my investing now and while it's not sexy, flashy and beautiful like a 6,000% 1 week rally in some meme coin it's paid off well over time.

LEO, LEOM and LEOMM

Years ago when miners came online for Hive-engine as a way to (mine) and divide up newly printed tokens I jumped in as much as I could then and held. In fact I've been holding LEOMM which are 4x as powerful as LEOM for years now. Every day those miners produce a little LEO for me which I then stake and earn curation rewards on. These miners are hive-engine tokens called LEOM and LEOMM.

LEO is the token which is used on LeoFinance.io which works in the same way as Hive in terms of voting and curating content.

Leo Short Term / Long Term

In the last AMA (Ask Me Anything) we got notice of a whitepaper coming out for LEO that we should see in the next week. This whitepaper is going to outline everything planned so far for the LEO token.

Right now this LEO token actully has many uses and I feel many people still don't use it for whatever reason. It's too complicated maybe? WLEO, PLEO(coming soon), BLEO and LEO are all options WLEO - Ethereum wrapped LEO to be used on the Ethereum network PLEO(Coming soon) Will be used for Polygon network wrapped BLEO - Binance chain wrapped leo used on CubDeFi LEO - Use on LeoFinance.io using for voting and curation

Last time we saw an airdrop for LEO holders it was for CubDeFi and prices shot well above $1 per LEO. Now today LEO seems to hover between $0.20 - $0.25 and I have to say that's pretty solid for a layer two token of Hive compared to many of the others.

CUB Short Term / Long Term

CUB has had a wild ride. Like any new launch it's going to sell at a premium and since then it's pretty much long come down and remained towards a steady leave of around $0.30. While many new additions where added to CUB many of them feel as if they don't get utilized that often which causes the price to pretty much not move. However that's actully a good thing. I believe 28,800 CUB is produced per day and at that rate it means roughly $8,640 a day is being added back into the system. With the introduction of kingdoms however and fees collected from the auto compounding it seems to be doing it's job in still offering value and holding a steady price. Of course this could drastically go up once more TLV is added to the kingdoms which means even more fees would be collected and ultimately burning of CUB.

At some point Polycub will be launching which is a Polygon blockchain DeFi playform. We already saw with just the mention of this that CUB shot up to $0.60 each but has recently fallen back to $0.29 and while some of that most likely has to do with the huge down turn in market cap across crypto in general I'm sure it also has to do with it being two almost three months since that announcement was made with not too much of an update since then. However I feel like we are closing in on it and an announcement might be soon. Because of that these low CUB prices seems like a solid move in terms of picking them up and depositing them into a farm or kingdom and earning more. From what I know so far when Polycub launches the airdrop will last for 60 days and release to those who have staked CUB in kingdoms and Farms at a rate of 0.15 Polycub per cub. (of course all of that is subject to change and nothing official has come out yet)

Overview

So as you can see these for me are long term plays. Currently they are out of sight and out of mind of people which is one of the best times to stack up when you know something is coming eventually down the pipe line. You'll always have the masses that don't follow and instead jump on the newest news and pile in. We see this constantly in the crypto world but you know where else we see this and it was one of my biggest ah-ha moments? Business! So many people jump from one thing to the next to try and make a quick buck instead of building in one or a few projects. Where does that end them up at? Chasing riches and wondering why they never get ahead. While those committed and focused stock up the rewards and growth.

*This article is for entertainment purposes only and is not financial advise. Do your own research before investing and take responsibility for your own actions.

Posted Using LeoFinance Beta