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