When numbers speak the truth...

1 month ago
(edited)
2 Min Read
402 Words

There is this line written by @khaleekazi in the latest post he published from the @leofinance account that went unnoticed but it is pure gold and exactly the reason why every single Hiver regardless if they love or hate the progress being made by the LEO team and the exposure and appreciation LEO / wLEO are enjoying right now, should stand by these efforts and help LEO grow even further.

The motto of this entire launch has been to step outside of the Hive ecosystem and shine the light on our project so that we can bring new people into the fold and onboard them onto the platform.


A successful LEO token is a big win for the entire Hive ecosystem.

I am sure you've seen @nealmcspaden talking about $2 LEO or even the possibility of a $37 LEO token, right? Some think they are crazy...they aren't crazy...they just dream big and there's a reason for that.

They speak about reaching a target of 4000 active users and how through burns from ad revenue those targets could be achieved. Are 4000 users such an extreme number? I think not.

20200928 22_01_13Leo DEX.png

Now have a look at the screenshot above.

The circulating supply of the LEO token is really small. Like tiny...

5 mill tokens in circulation...

3.55 mill staked...

700K+ already in the liquidity pool in Uniswap...

About 40K LEO ready to be sold n Hive-Engive / Leodex.

20200928 21_59_52Uniswap Info.png

which leaves us with roughly 700K LEO floating around...

Some of those are sitting in wallets whose owners don't even know they possess them...so the real number might be even smaller...

Now try to imagine how many people will be curious to see what this wLEO is after all, after the latest listings on Coingecko / Coinpaprica / Blockfolio / Coin-Logic.

And what happens when some of these users decide that this whole thing is worth a try?

They'll need a Hive account...

They'll need RC's...

They'll start buying both HIVE and LEO...

It's a win win for the entire ecosystem and I'd love to see more tribe owners follow the same path @khaleelkazi did. I'd support them with all my powers.

PS. Show me a coin with such a small circulating supply of tokens whose price didn't moon. $$$ wise...

I dare you...

Have a good one people and stay safe.

Cheers.

Posted Using LeoFinance Beta