It's hard to believe that a few short weeks ago, LEO was trading at $.013. That's 1.3 cents. It crossed 10 cents today and looks like a 10x from the bottom is coming shortly. It used to take 10+ LEO to get one HIVE. It is now to the point where you can get 1 HIVE for slightly more than 2 LEO. The combination of LEO climbing and HIVE being stuck in the low .20s has made the swap pretty attractive.
Personally, I'm holding on to most of my LEO, but I gotta say it's pretty tempting to load up on some HIVE at these ratios. For almost all of my 8 years on HIVE, it's been much harder for me to build my HIVE stack than my LEO bags. Now, in just a few weeks, there is an opportunity to jump my HIVE bags significantly without having to bring in outside money.
Like I said, at this point I'm hanging onto my LEO, but I will be watching it closely. HIVE is where I got started and I've always wanted to maintain at least ORCA status. This may be the perfect opportunity to get back there, especially since I did swap some HIVE for LEO at 16:1 earlier this year. I basically have an 8x on those swaps.
Anyway, if you're interested in trying to take advantage of the HIVE price while it's down, now might be the time. NFA
Posted Using INLEO