It wasn’t too long ago that the LEO project was all the rage on HIVE. It seemed that every 2nd post in my feed was talking about LEO and how this “Layer 2 Token” was going to show the way forward for the HIVE blockchain. Needless to say, there was a lot of hype around LEO and I am normally very wary of buying into hype so I was happy to let the opportunity slide by me at the time. Earlier in the year LEO was trading at over $1 USD and today it’s down to about 18 cents….but is the party over?
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I personally like to invest in projects that have proven they have “legs” after the initial hype has worn off and I am wondering if LEO might now be one of those projects. I’m still playing catch up on a lot of the recent developments and future plans, but I’m encouraged by the fact that there ARE recent developments and future plans. Many fly-by-night crypto projects would have probably thrown in the towel after an 80% drop in their token price during a great bull market year for broader crypto, so is this project now worth a punt at this price? I think perhaps the answer is YES.
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I’ve been accumulating LEO for a couple of weeks now and while I have a target stake in mind, that target might change if the price changes – for better or worse. There is every chance that the LEO token goes to zero from here with a slow bleed out. I’ve seen many projects do exactly that in recent years, but there is also a good chance that it could go up by 500% and I really do like what I am seeing so far from the main developer so this is looking like a pretty obvious Asymmetric Risk play. I won’t go too much into the specifics of what I am seeing on a technical level because I am still getting my head around a lot of it and I am no expert on all things LEO. But I am seeing enough positive signs to take a bit of a punt and I have some ideas on how I might get a bit more involved in this community in 2022 so this could be a fun project to have a play with.
DISCLAIMER : This is not financial advice. Buy LEO at your own risk and only after you’ve done your own research.
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I'm stacking Leo hard right now.
I'm a long term believer in the project and will always buy when the prices drop.
No point in buying the hype, buy the development.
Good to see you're taking that not investment advice and moving some of that HIVE stack into LEO while the ratio is still 5:1.
;)
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And I hung around the LEO community because I liked to read opinions on economic issues and about other cryptos.
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Pump it!
I think it's a smart one to accumulate Leo at this prices. Also stacking up Leo myself as current price appears to be a great entry point
LEO is on sale right now just like Hive was a few months ago before Splinterlands peaked. We are developing at a rapid pace and I am sure this year we will grow our network - add many more investors, creators, and builders.
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I've a better feeing abut LEO than some others so am tricking small amounts into it of late.
I am stacking up leo again after I sold mine last year.
It seems like a good time to add more Leo, the long-awaited project blank airdrop should boost the community to new levels.
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I think the chances of LEO dropping down to zero is really low. At least with the development happening and CUB linked to it, it will always have some base value. Of course if these go down, then there might be bigger issues happening.
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...but I’m encouraged by the fact that there ARE recent developments and future plans
It is nice to read that there is a development and future for LEO to be in.
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Now is the best time to accumulate leo and Hive. Now they are down especially leo when it get to 1 dollar, that will be much money in your wallet.
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That's good risk is being mentioned in leo. I just bought some recently at $0.19. being that's there is so many projects in the pipeline, and poly cub, Leo backed investments I think it's more safer than the other tokens on he. Once more people see the potential Leo price should gain traction !
been inching closer to my 2000 leo target for the past year so I'm glad people are still interested in the project
The brains behind Leo s a smart dude. While I don’t have a ton of it, i am powering up as I go.
Long term believers believe in LEO. I have also planned to stake some more tokens in my leo curation account and right now i am staking all my leo token earning. We will see price rise soon as new developments will be implemented.
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I think this will be Leo's year with all the developments that are planned to be launched, but he has to accompany the market because otherwise it will be much more difficult.
Leo is the only hive-engine token that has given hive a run for its own development.. I see leo goin to 0.5$ in a short period of time
Future will tell.
The chances of a 100x are far greater than this project going to zero. There is just too much development to ignore.
Looking forward to your ideas....
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When it comes to accumulate LEO I only do it with my publications, since I still do not have the amount of money to buy, but as it is passive accumulation is almost free I do not worry much about the price, what I do is to make staking and produce better returns.
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As much as technical analysis can help with the tactical implementation of an investment thesis, I firmly believe that the actual value of a project is based on fundamentals. And looking at what's on offer in the LEO ecosystem, it appears to me that at current levels, LEO is severely undervalued.
I am looking forward to a revaluation of LEO by the market!
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Yes. I think this is smart. Unlike a lot of projects that went to zero, LEO actually has a big community and utility. I expect the downturn is just correlation with other cryptos.
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You will never find a harder working team and while the price has dropped from it's peak, it is strong where it holds and is only improving.
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