Discussion of #Leofinance and the #leo token has been the hot topic these days and everywhere in the platform you will find the analysis about Leo price. This token really deserves to be discussed because it is the only token which is on the rise while the whole crypto market is down.

Its clear that #leo token is on upward movement and we all are enjoying this beautiful moment. But we have to also discuss why the price is moving up direction? This is the question which needs to be answered and many of us will be interested to read the reasons.

There is not a single reason behind the price of leo token which has become stronger like rock but there are many reasons which helps the price of leo token gives boost. I will try to discuss one by one according to my research.

Please keep in mind that I am sharing my study and analysis, there may be possibility that my information may be wrong for which I apologize.

Leo token which is currently around $0.08-$0.085 (at the time of writing) has become the hot topic of the investors. There are some reasons behind this strong price movement. One of those are #LPUD which is the best practice for the growth of community and ecosystem.

LEO TOKEN: KEY FACTORS FUELING LEO TOKEN'S PRICE SURGE

This is because at every of 15th of the month, Leo users go for powerup leo tokens in order to get the badge. Also they are in the sense that they will get some upvotes from @leo.voter. This is the good practice because every users even with powering up with small amount will help the price to boost.

Another reason is the locked supply of the leo token, according to the research around 60-80% of the tokens are staked and enjoying passive income. In leofinance, the user having more leo staked will get good upvotes from the platform which is one of the reason people are increasing their LP.

Another reason is the continuous hard work of the leo team which they are working for the platform bringing new features and facilitating their users. They are trying their best to remain stay the users in the platform and attract them to buy leo token.

Also they have to give 16% APR to their delegators which is really a difficult task for them. For that to pay every delegator 16APR they must have enough token to pay. But they have not token available all the time and for that they do buy leo tokens which takes the price upward.

This is how leo delegators are paid with 16% APR. Another reason is the #leothreads which have attracted thousands of users from the hive community. I have noted that lovers of Peakd, Ecency, Liketu, 3Speak, Hive.blog and other communities are using threads.

Leothreads are more attractive and help bring new people to join the community. Once they get engage in the platform they will look and think to buy leo token. Also traders are getting active in leo trading with the rise of the trading volume.

These are the main reasons behind the leo rise and that is how a community is becoming more strong and stronger.

What do you people think about the leo price rise? Will you agree with my points? Do you think the next 3 months are more important for the leo price? Will be glad to see your answers in the comment below.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

   NOTE: IMAGES ARE EDITED IN CANVA. 

LOGO PICTURES TAKEN FROM LEOFINANCE

Thank You!
Best Wishes.