The other day I went into some detail about how when you stack coins on top of each other the further you are from the main token the more the prices can fly.
In our own ecosystem we can see when hive is pumping a coin like LEO pumps harder and when hive dumps then LEO would dump harder..
Ignore the % in the picture above, when you look at the moves you’ll see how leo moves violently compared to hive.
What we need is a nice long hive pump while bitcoin goes down/sideways and LEO will take off on its own merits.
Coins being paired in liquidity is only part of the play. LEO for example is injecting economic energy by using its Premium income to buy and “burn” its own tokens which can really do good things if premium users continue to grow. I will be doing a review of Leo premium soon so stayed tuned for that.
Like always I never intend to be a financial adviser, I just observe and share what I see and my thoughts.
Hive/Leo really are in their own bubble, there are pros and cons to this but building bridges with other communities has shown to bring a lot of value.
There are a lot of crypto projects these days, but can you name just ONE that has a social media aspect to it like hive that isn’t a hive clone/copy?
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