Posts

Whoooot! $61k held in Value by top 12 SPORTS Stakeholders?

avatar of @uyobong
25
@uyobong
·
·
0 views
·
2 min read

Months ago, it looked like I was the only Hive investor interested in SPORTS token. The token at some time dumped to near oblivion and I packed them at almost no cost. Though it seemed as the future of the token is bleak, but I knew how much impact sports has done to the world and the role it plays to national unity, international bonds as well as well as the attention is draws from all over the world.

In fact, in my error, I felt maybe the day I stopped buying and staking SPORTS, then we'll see the price crash to nothing. I was wrong! At some point, I was feeling discouraged to have sunk in more Hive to SPORTS especially when one of the top stakeholders then powered down the token. Over the last three months, I deliberately stopped looking up the richlist on order not to get a heart attack. Alas, today, my view of the page made a difference and sent a strong message to me.

Looking at the screenshot marked above, it's unexpected to see two accounts already nearing 100 million SPORTS in stake and that's already a motivation to pump the energy to the 100 millionth mark too in no time. A snappy arithmetic shows that top 12 stakeholders already hold over 678 million tokens valued at about $61k at today's market value. That's incredible!

As the interests gets to spread and more investors joining, we'll see a gradual and healthy push in the price of the token such that it can power tangibly any sports organization or team. This reach occurs when there are yet to be more development that utilizes the SPORTS token adn it only relies on content reward system.

With a curation returnms of over 44% according to @amr008 in his latest analysis, holding some stakes of SPORTS does no harm especially as it remains one of the cheapest token amid its growing community and value in the Hive ecosystem. Presently, drawing around $200 from curation alone on a lazy month is huge on a 70 million stake.

Looking at present developments in Hive which is sure going to bring more investors and value to HIVE, we see the second layer tokens getting to thrive better in the scheme of things and making new rounds of prices on a positive move. I have personally attracted some new investors to Hive via SPORTS holdings and they ain't regretting the decision to join.

We see that the growth when pooled together makes a tangible figure. Fast forward into the next 10 months and 20 more accounts cross the 50 million stake mark, we're definitely to see at least a 20% price shoot which means a whole lot for a large volume of tokens.

Indeed, we still have several virgin earning opportunities on Hive and seeking and staying with them now is the best decision any cryptocurrency investor can ever take. So far, there are no regrets holding SPORTS. Despite the dumps, we still still stand and never a loss!

You may join my SPORTS Curation Trail to maximize your SPORTS stake. With the trail, your stake of SPORTS would yield profits without your active involvement.

Posted Using LeoFinance Beta