The Next Stages Of LeoFinance Are Going To be FIRE

In a months time $LEO have gone from $0.03 to a little over $0.07 an over 100% gain. While that sounds great it still has far to go as LEO once held $0.20 during the bear market. For myself I believe LEO will hit that target again by end of summer if not much higher.

How High?

Well that depends on a few things

*This article is for entertainment purposes only and is not financial advice

What Is Currently Driving Price Action

Right now A ton of LEO is powered up. In fact I believe it's a little over 75% which means 25% of it would be considered "liquid" however even that some of the LEO is locked up into defi platforms such as CubDeFi and Polycub

This low liquidity and higher demand of the token from people as well as a few other things which I'll get into next)

There are benefits for holding the LEO token which are most likely only going to keep growing. From curation requests, feature access, authority on chain and within threads and much more coming.

The other big factors which are currently here and coming soon are as follows

Delegation of $HIVE token to @leo.voter will provide you with a smart contract buy back of leo tokens daily. Currently this pushes around 10,000 LEO needed while the inflation number for LEO is only 5,000 meaning it has to pull at least 5,000 LEO from Binance, Polygon and Hive.

This will however slow down as the price of $HIVE falls the the price of $LEO increases less and less has to be bought off the markets to fill this daily smart contract.

At some point that will seem like it will stall out and I personally expect that at around $0.15 granted Hive price stays roughly the same in that $0.30 - $0.40 range.

The next BIG push will be the smart contract ad contract which takes ad revenue made from threads and the rest of leo and pools it into a smart contract which gets traded in for LEO and divided up to those holding LEO tokens powered up.

Off the top of my head I expect that revenue to currently be sitting around $10,000 - $30,000 monthly again this is hit or miss depend on prices such as BTC and prices between tokens the spread. That might sound like a lot but it's only 142,000 LEO tokens per month at $0.07 or a little shy of 5,000 a day.

This is why I believe the major price action of LEO once all of these things are implemented would stall around the $0.30 - $0.40 mark in terms of it's rapid advancement.

But Wait There's More!

lol I had to sales pitch it...

There will be an internal marketplace which seems like it will have subscriptions (not sure how much that would be used), adding a thread as featured (I would think this would be used a bit and drive some revenue each day) It could also become a big one as the daily active users increases and some larger companies come on board.

The other things I'd like to see are profile promotions where I can list my profile on the side menu for people to easily find/follow me on leofinance. Gaining those followers would be a big thing for people. Another would be to create a sponsored hash tag which would cost a set amount of LEO tokens per day/ hour etc and be in the trending keywords as promoted. I could see this being big for things such as events, sponsors from outside of hive/leo and more.

This is yet another system which will help provide more value to the token and could actully become the largest pool depending on how large and active LeoFinance gets.

Overall the future looks very bright for the $LEO token and platform. We should see strong growth over the summer and into the end of the year. If we ever do get that major bull run I could see values listed above increasing up upwards of 5x or more like we have seen in the past with pervious bull runs.

*Reminder this article is for entertainment purposes only and is not financial advice.

Posted Using LeoFinance Alpha