Hey All;
Just checked on the LEO token price on leodex and is currently down 42% and can bee seen from the following images.
The above bar graph shows a huge dip with that red line spotted. I was waiting for a opportunity to buy some LEO tokens and I guess this is the ONE. @sanjeevm, I think you can further buy some LEO tokens at the current price i.e. ranging from 0.9 - 0.95 HIVE for 1 LEO token
The above image is taken from the uniswap portal which showcases the huge sell of the LEO token and the price touching $0.12 per LEO token. Currently, I'm not sure as to why there is a sudden dip on the LEO token price that triggered almost 40+% price drop.
I had some liquid HIVE, close to 900 HIVE. Converted that liquid HIVE to Swap.Hive via the leodex portal and placed a bid to Buy 1K LEO tokens at the price of 0.9 HIVE for 1 LEO token
Here is the transaction summary snapshot taken from the Hive-engine explorer on the purchase of 1K LEO tokens at a price of 0.9 HIVE per LEO token
I'm not sure if the price could be further dumped but what I know is that I believe in the project and the team behind the LEO project. So hoping for the best and at the same time this purchase of 1K LEO tokens brings me close closer to my 10K LEO tokens target. With this purchase now, I've close to 6.7K LEO tokens with me.
So what are your thoughts on this sudden drop? Is there something that I'm missing or could we see another huge sell coming up? Let me know your thoughts on the same.
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I had my desire to start with a SIP into the token and I started with the LEO token and have been tracking the investment thus far that's it.
Image Credits:: hive-engine, leodex, uniswap