Why The F#$% Is Leo Still So Low?

whatageek (75)in LeoFinance • 3 years ago

This market makes no sense. The main thing I learned over the years is that hype and trend really drive prices but the utility coins are the ones you go back to. Leo is one of those utility coins with a working product and yet it does not have nearly the value that it should. I'm seeing a lot of what I did in 2018 with white papers coming out and a lot of promises of the big dapps to come and coins pumping like crazy. Sure there are a lot of new projects I'm hyped for and gamefi is where I will be spending a lot of time in crypto but there is still the importance of a working dapp and good tokenomics. These are two things that Leo is doing very well in and yet the price is not showing it at all.

A Working Product

Leo is fully usuable right now and you can earn everyday with it. There has already been a lot of updates and I'm sure there will be many more to come as the months pass. But right now you can post and curate and earn a wage. If the price goes up to a dollar we might even see people earning a living on here. There is a path to proven success on Leo were writers can earn and investors can see a steady return everyday. That's right if you are posting all the time you can get paid daily with 7 day payouts that are rolling. There is not many dapps that can do that right now.

There Is An Mobile Version Coming

Speaking of hype and updates there is a mobile version of the site coming out. The IOS is close to being in test mode already. Now you can blog on the go or curate as you take a walk on the beach (or go for a drink at the pub or whatever else it is that where you bring your phone. Imagine being able to earn on the go, this will be a reality very soon.

Amazing Tokenomics

Leo has some of the best tokenomics out there right now. There is only around 4 or 5 million coins. Go to the top 100 coins on coin market cap and look at all the coins above 1 billion dollar market cap. Almost every coin in the top 100. Leo right now has less than 2 million dollars in market cap. That is insane for the what the coin has done and if offering. You could 10x-100x from here and still be under the radar. There is a lot going on here and I do see a large push up when the time happens.

A Dedicated Team

You also have a hard-working team that is putting on updates and uses the platform itself. You know that the team is putting in the work. Look at how long the update posts are sometimes, they are almost novels. And they are working on a whole ecosystem around Leo like the cub coin.

Hype And Trend Really Do Move The Market

The market really does move to trend and hype and you are seeing it as new projects in a type of field come out at the same time and most of them do well. The only problem is it is hard to know what trend is next and by the time you get into one you can be too late buying prices that are already very high. With solid utility coins at least you have a good product as you wait.

This is more of a rant post than anything but really it makes no sense when you look at the market that we are this low. I don't know if or when it will change but I do know with this small market cap if/when it happens it will happen fast. But either way I'm not selling until it does.