LBI - Data and Charts - 200k by Jan 1st?
Good morning to everyone , I hope you are having a delightful holidays .
LeoFinance has been seeing a lot of activity as we all know and the community has been amazing . The team has been working hard and we can all see that the future is bright .
Now there is another team which has done wonders with their first project - @spi-invest . That team is now behind another promising initiative - LBI ( Leo Backed Investments ) .
Official account - @lbi-token .
Get your LBI now
It isn't too late to get your LBI . All you need to do is send LEO to @lbi-token and they will manually send LBI to you . Wait and earn passive income :) To know about @lbi-token in depth you can see this post.
Date-wise LBI subscription
Well the LBI subscription started on 7th of December 2020 , I have gathered the data from 7th and not the prizes given before that .
| Date | Amount |
|---|---|
| Dec-07-2020 | 61931.926 |
| Dec-08-2020 | 6547.166 |
| Dec-09-2020 | 41816.279 |
| Dec-10-2020 | 1411.193 |
| Dec-11-2020 | 616.794 |
| Dec-12-2020 | 7388.509 |
| Dec-13-2020 | 8758.737 |
| Dec-14-2020 | 1562.097 |
| Dec-15-2020 | 6836.805 |
| Dec-16-2020 | 2014.816 |
| Dec-17-2020 | 1565.568 |
| Dec-18-2020 | 13603.086 |
| Dec-19-2020 | 3356.641 |
| Dec-20-2020 | 7563.135 |
| Dec-21-2020 | 2328.491 |
| Dec-22-2020 | 3621.447 |
| Dec-23-2020 | 5224.703 |
| Dec-24-2020 | 2212.000 |
| Dec-25-2020 | 1134.200 |
| Dec-26-2020 | 2837.632 |
| Dec-27-2020 | 3909.988 |
| Dec-28-2020 | 602.028 |
It would be best not to consider 28th yet since it isn't over yet .
By looking at this it is just clear that on the launch day there was a huge inflow of LEO into @lbi-token account . More than 60000 LEO were sent to @lbi-token and that was worth more than 15,000 $ on the day of release. Although after that the amount of subscription has been reducing( which is understandable) still the amount of LBI buying hasn't stopped or isn't less. We shall see that in the last graph of this post.
The upward pressure on LEO because of LBI
The value of any coin depends on its usecases , the more the usecases = the more the demand and hence the larger the price .
Although a number of other factors pitch in , still it is safe to say that LBI has helped LEO gain the upward pressure and has affected the price of LEO in a positive way.
Mean amount sent by @lbi-token
This graph shows us how much amount on average is sent by @lbi-token to each account .
| Date | Mean LBI sent per user |
|---|---|
| Dec-07-2020 | 673.173109 |
| Dec-08-2020 | 128.375804 |
| Dec-09-2020 | 1229.890559 |
| Dec-10-2020 | 74.273316 |
| Dec-11-2020 | 23.722846 |
| Dec-12-2020 | 388.868895 |
| Dec-13-2020 | 417.082714 |
| Dec-14-2020 | 97.631062 |
| Dec-15-2020 | 310.763864 |
| Dec-16-2020 | 87.600696 |
| Dec-17-2020 | 111.826286 |
| Dec-18-2020 | 438.809226 |
| Dec-19-2020 | 145.940913 |
| Dec-20-2020 | 378.156750 |
| Dec-21-2020 | 83.160393 |
| Dec-22-2020 | 226.340438 |
| Dec-23-2020 | 217.695958 |
| Dec-24-2020 | 147.466667 |
| Dec-25-2020 | 141.775000 |
| Dec-26-2020 | 101.344000 |
| Dec-27-2020 | 205.788842 |
| Dec-28-2020 | 66.892000 |
This tells how much on average @lbi-token has sent out LBI . We can see that actually 7th which is the launch date is less than 9th , this is because on 7th huge number of users came out and bought LBI ( more small amounts too ) but on 9th some big whales bought LBIs ( less number of small amounts according to my calculations ) .
Although there is no consistent increase / decrease it is safe to say that the average amount of LBI sent per transaction is actually pretty big .
200 k before Jan 1?
It isn't totally impossible but looks like a difficult job .
According to my calculations - 186843 LBI + winnings of various contests is the total LBI given out , so we are short of atleast 12k LBI yet which isn't too big . I saw that even @onealfa.leo picked some up yesterday , so if this trend continues we will hit it within a week or two .
Note: All the data is scraped from Hive Engine Explorer and none of the data is provided by official @lbi-token so if there is any irregularities , only I will be responsible for that.
@lbi-token , Please let me know if there are any mistakes in my calculations - I would love to correct it next time .
Regards,
MR.
Posted Using LeoFinance Beta
Perfect timing, just sent 200 LEO to lbi-token and will send some more later/tomorrow.
Keep them coming :D
Posted Using LeoFinance Beta
Great :) Nobody should miss this chance . Let's get to 200k before 2021.
It is going to be tough but we will see what happens. There are a number of people who send LEO over each day which is good to see.
The number by Jan 1 is a great quest. However, where it stands by Jan 31st is even a better question.
That is where the true growth will come from.
How will we do the second month? That shows the staying power.
Posted Using LeoFinance Beta
Makes total sense.
Second month data will show if the enthusiasm which the people had during the launch is sustained during the first payout month of LBI.
Next time I will try to include number of people sending LEO per day rather than total LBI per day which will tell us how many people are regularly buying LBI.
Posted Using LeoFinance Beta