I won't say its success is taken away from HIVE either, it's just another part of the LEO ecosystem and now less central point of failure, lEO wants to become more decentralised and that's not a bad thing.

The LEO price because there's only a HIVE and ETH pair now means its heavily influenced by UNIswap and ETH pricing since HIVE doesn't move much, so people may be inclined to see this as wLEO making more of an impact but the truth is HIVE provides the tokens for uniswap and they feed each other.

As more exchanges come online, prices will move up but volatility will reduce

Posted Using LeoFinance ^Beta