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Tokens on the Move - What I am watching

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scooter77
@scooter77
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2 min read

There have been a lot of tokens on the price move lately. Here are a few that have caught my eye recently:

$DEC

With the impending release of lands and the pre-sale taking place on 7th November, $DEC has seen a steady increase. Raising to 0.0663 HIVE/DEC (0.00088c) this is still under the theoretical peg of 0.001c per DEC. I expect this to increase as people buy to purchase land. The DEC spent to purchase land will also be burnt so the total DEC circulating will drop significantly as well. Are you looking at spending DEC on lands for Splinterlands?

$LEO

After the shock of the wLEO hack and investors dumping $LEO like madmen and madwomen, the price has held steady is is seeing another bump in price. I am suggesting this is because the team continues to move forward and learn from the mistakes of the wLEO hack and have plans in place for wLEO v2. There have a been a few big investors stake large amounts lately which is exciting.

$WEED

The $WEED token continues to hold its highs over the past two weeks. After an initial investment from a big purchase, the token price is holding up well. The team at #weedcash are also planning to launch $wWEED and provide another market in addition to Hive-Engine and EOS that they currently have. The $WEED token also has some functionality to purchase items through the weedcash.store.

$SPORTS

The sportstalksocial token has a large token supply but and saw a small rise. There has been some hype around this token with a lot of shilling happening, though there is still some circle-jerking happening and the trending feed is dominated by a lot of actifit posts making it somewhat similar.

Thanks for reading.

Posted Using LeoFinance Beta