I missed the LEO airdrop a couple of years ago. I received a big chunk of PAL back in the day but during those times I was actually a HIVE maximalist.
I had around 100k HIVE back then, which is probably the main reason that drove my maximalism. This is also the same reason I believe is behind every other hive-maxi around, and it is also the same driver for all the BTC maximalists that roam the crypto space.
I mean, it's only obvious, if the size of your bag is enough for you to make you a millionaire once Hive hits $1 or $5, something that I believe it definitely will, then it's only logical that your support and your efforts go towards growing the value of that bag.
If I had 1,000 BTC and I had missed the ETH rally or the Chainlink insurgence, or the Solana drive to $40 from a few cents, I would be 100% focusing on the growth of Bitcoin.
This example does not apply to Hive though, because the only token that was at Hive's level at one point was Leo, and that didn't last long. One of the reasons for the dump of the Leo token was the opportunity to become a hive whale with a Leo stack bought at the cheap or maybe even received as an airdrop. I would have probably had sold my Leo stack given the chance to get a 1:1 parity from Leo to Hive, after all, Hive is the layer 1 token and has a much more bigger market, dapps, potential and much more when you look at the blockchain from a macroeconomics point of view.
But that doesn't mean that the Layer 2 tokens can do a 100x or maybe even a 500x once the Hive Blockchain goes mainstream.
At this point, I believe that Hive can easily do a 10x - that's why I have around 50k Hive between my main, my alts, and my farms -, Hive is the safer bet in terms of ROI. But I also believe that the real profit maker will be the LEO token, I think that provided the team (which includes me) delivers on all our promises and we manage to bring Leo to the next level (and a lot more next levels in the span of a few years), LEO is the token that will bring to Hive a 100x as a Layer 2 token, and it will be so strong that it will eventually de-peg from the value of the HIVE token.
Right now LEO holds a ratio against HIVE of 7:1
A couple of months ago, that ratio was around 10:1
That could mean nothing if we take past performance, because at one point as I mentioned, that ratio was holding at 1:1, and the price of LEO began a dump trend that took that ratio to almost 12:1, go figure.
But the real insight I take from this, is that only 3 months ago is when we, as the Leo Finance Team, began actual social, marketing, and PR initiatives that have led to where we are at now. It's not only the tokenomics and the product Leo Finance offers, but we are actually making efforts and have an organized plan to take the LEO token to the moon. The trend the value of the token is showing right now was forecasted and worked towards achieving it, it's not a coincidence and it is definitely not some lucky strike, it is something we've worked on, and plan on keep working on indefinitely.
The community feels stronger, looks more committed, shows their belief in the tokenomics and proves they trust the team to steer the wheel towards greener savannah pastures - sorry, I couldn't leave the Lion Pride analogies out of this post. The token is holding strong and growing in value despite the bear market, the sellers are almost all of them bought out, and those who are part of the community right now are more active than ever despite the fact that Hive has always shown a significant drop on engagement when the bears are around and the post rewards are low.
Briefly spoken, Leo Finance is stronger than ever, and the trend indicates that we will only get bigger, stronger and achieve our true potential somewhere in 2023. The build up is here, the members are ready, there are even some later joiners that are coming in strong and investing a few bucks every now and then.
In a market with such a small market cap like LEO's, a couple hundred thousand dollars injected into the economy can mean a 2x pump, maybe even a 4x pump, and the community knows this, which is why LPUD has been so successful so far, and why I believe that before 2022 ends, we will see the price of LEO at a rate of 4:1 to HIVE.
That, and the fact that I want to show my true commitment and belief on Leo Finance and everything we are doing, is the reason that I just became a Leader of the Pack in the span of 4 months.
I now hold 50k Leo tokens and they are all powered up.
I get it, I bought it, I didn't earn it, but still, a market needs buyers and not only reward harvesters, and believe me, we are definitely planning on brining in those buyers very, very soon.
I've received some comments about Leo and what the future holds for the token and the ecosystem, I plan on replying to all of them pretty soon. Please leave any feedback you have, good or bad, and I promise I will reply to every single meaningful comment. Thank you Lions!
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I stopped buying Leo and invested almost near 5k in CUB and its nothing now. I have not sold my Leo and powered up, however, one thing that confuses me is which token is going to be more valuable ? Leo ? Cub ? Polycub ? etc..And what campaigns helps to sell each of these to investors ?
That's certainly a tricky spot for me as well! Cub and PolyCub sound promising and maybe if DeFi gets some more steam behind it, it will make a resurgence. For now, we can take the lessons and opportunities like that and learn from them, which is a good thing. If it increases in value, great! If it doesn't then that's okay as well, even if it's difficult, not everything is going to be a winner.
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Forget those Defi shittokens like Cub and Polycub. They were made to bring profit to the issuers. They start high and with lot of promises to attract buyers, but since then know only one direction - south.
Congrats!! I am also focusing on leader of the pack status.
Alas I once was leader of the pack, but many forays into CUB/POLYCUB have taken me back down to just "Lion" :-)
I am shifting funds back into LEO though. As you outlined above, I think the near to mid future for LEO is gonna be very good. All of the development will bear fruit.
Plus, whenever threads becomes blank it has been alluded that a "blank" token will be airdropped to LEO/LEO miner stakers. Yay!! Stack 'em soon! Stack 'em often!
Watch your back!! I may be sneaking up ;-)
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We all hope for the growth of leofinance and I appreciate your efforts in powering up such amount of Leo which is huge and a way forward in seeing more success occur in the Leo platform.
So cool! Very nice chunk of LEO man...I'm going for 40k myself, which I should hit in a few months.
LEO is such a no brainer for me. With all the development going on, I will not ignore it going forward. Not financial advice lololol
!CTP
It took a while to reach that level, but 50k is a good accomplishment.
Wow! It is a solid bunch! Congratulations! :)
It's even better to see people who are buying p LEO instead of just earning it.
I'm still expecting the ad buyback scheme to really have a big effect on price and then on activity but people who buy in have a lot more belief nd interest in a token than those who get it for free.
The more LEO that is getting locked up long term now, the better it is for all of us in the long run.
Congrats on 50K and i'll hopefully catch you up there at some stage. Buying up small amounts all the time.
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i would LOVE for #Leofinance to tesy #fractalgovernance eg. #TheMatrix8Solution or #Fractally for it's #communitygovernance. It does not have to start with all decision making, but could be phased in. i would LOVE for you to investigate these and have further discussion with you.
Sat Nam
Atma
!HBIT !LOLZ ! PIZZA
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He was so good I didn't care.
Credit: reddit
@anomadsoul, I sent you an $LOLZ on behalf of @atma.love
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Hugeeee.
Happy to see I'm not the only one betting on the potential of this thing ;)
This made me lol because at the time, I remember the overwhelming sentiment was that HIVE is ultimately fucked haha.
I'm curious now though, did anyone dump the majority of their LEO into HIVE at 1:1?
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I don't know for a fact, but I do know that there used to be a few Leaders of the Pack that are now cubs, so I'm guessing they did sell somewhere around that point.
If I had more, I would buy more Leo but I am already balls deep and living paycheck to paycheck cause all my liquids are on Hive and Leo atm rofl
Yolo ;)
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That's an aspirational amount of Leo for sure. I was so psyched to get to my 5,000 mark lol.
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Cool to see you're on the Leo team! Sorry if that's old news but I haven't seen your posts that often so I haven't had a chance to catch up.
I agree that the LPUD initiative is great and I am hoping that it's here to stay. The Leo community is one that's got a considerable strength to it! It's also I think the #1 layer 2 community which is great. There is a lot of opportunity and I as well didn't have any bags left over after the initial Leo airdrop. I sold it all for Hive and Splinterlands assets but I can't complain about either because they are both doing very well for me! Now I'm getting back into the Leo stake and am nearing 2k myself which is a lot of fun. I've been buying Leo on the market every month for the past few months and hopefully will be able to get a big stack like that one of these days so I can power it all up!
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Amazing bag of LEO, that should help with shaping some things around and having a powerful voice in the community. Leo Finance for sure empowered many users and its value even surpassed Hive at some point, so probably it can do it again.
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You have made a brave move friend it's good to believe in the future and Leo token is the future I will also emulate your style and I will also like you to always be a guide for me @anomadsoul
Congratulations on achieving leader of the pack status. You have officially put your money where your mouth is. :)
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