To this day $LEO has been the most successful project launched on Hive-Engine for the average user on hive blockchain.
A short two weeks ago everything changed with LEO 2.0 leading to strong appreciation in its value. After years of fooling around with increased utility and new tokens to drive growth through DeFi, the community is finally on the right track to unstoppable growth with one token to rule them all.
Enhanced Utility
One of the main reasons for Leo's price increase is its growing utility within the Hive ecosystem. A token now with a deflationary design and several sources of constant buying pressure is overwhelming those who choose to sell. As more users are onboarded through Inleo, the demand for Leo will likely rise. This increased usage can lead to a higher price as more people want to hold and use the token. Another major utility enhancement is the launch of sLeo on the Arbitrium's network which will provide daily income payments in USDC and result in even less selling pressure (sLeo can pay for life's expenses without having to sell Leo).Community Engagement
The Leo community is very strong on $HIVE with constant promotion. Everyday more users join and have active discussions in posts and have a lot of fun with Threads. A strong community can drive demand, which often leads to price appreciation.Rewards
There are many ways to be rewarded in the Leo ecosystem. From delegating HIVE to @leo.voter, to curating educational, fun and engaging content, creating powerful content that many find valuable and various initiatives on Leodex. Every action you take to secure more Leo leads to less available on the market to sell. There are now less than 30 million in total supply. Get your share today.Market Trends
The overall cryptocurrency market is showing signs of recovery. As Bitcoin and Ethereum prices rise, altcoins like Leo often follow suit. If the market continues to trend upward, Leo could see significant price increases.Development Updates
Regular updates and improvements to Inleo and Leodex are positively impacting Leo's value. New features and enhancements will attract more users, leading to increased demand for the token.
The future looks bright for $LEO. All are welcome to join the party.