The Price Of LEO Seems Attractive
This is the price history of wLEO, which tracks the price history of LEO closely enough for the purposes of this post.
This is the price history of HIVE, which has been on a good run since the drop last summer.
You get more than 6 LEOs for one HIVE on the spot market at the moment. If you account for the limitations of market depth, you'll get a bit less, of course.
This gives you an idea of the market depth for LEO against HIVE on Tribaldex:
There is much more buy side liquidity at the moment, which means that the price is unlikely to drop very much at least in the short term even if the market turns down.
When the price of LEO peaked in April, it did so at about $1.14, which was higher than the peak of HIVE round that time.
With the introduction of the mobile app for LeoFinance, I believe there will be more activity on LeoFinance, which should translate into a higher token price particularly if the whole crypto market picks up.
Posted Using LeoFinance Beta
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