Posts

avatar of @curatorcat.leo
25
@curatorcat.leo
·
·
0 views
·
1 min read

Well @metzli, LEO is currently the bellwether of the Hive-Engine/SCOT Tribe universe, that's to be sure!

It has definitely become a model for how you can do things, and some of the other coins are perhaps following on its coattails, but let us NOT overlook the fact that @khaleelkazi and crew have invested a HUGE amount of time, effort and money into the success of @leofinance.

It's a bit like comparing apples and oranges here.

Most of the other tokens/tribes are little more than glorified Hive clones with their own token... LeoFinance has its own DEX, now has it own built-from-scratch condenser/front end and much more.

As for how far it will go? It wouldn't surprise me to see us reach 10 Hive per LEO within a year or so. The reason being that LEO (in the form of wLEO) id now listed on external exchanges (not just Hive-Engine), and the supply of LEO tokens is quite limited. Consider a popular token/community like NEOXAG, with 32M tokens in circulation. By comparison, there are only about 5M LEO tokens in circulation... price action is often related to available supply... "supply squeezes" can often send the price of something rocketing!

=^..^=

Posted Using LeoFinance Beta