Did LEO outperformed Bitcoin despite Bitcoin Bull run?
I guess it is more than a month when I published my post about LEO/wLEO price Matrix in which I was identified my metrics regarding four points for which I checked the performance of LEO/wLEO.
Those four metrics were as:
3. Bitcoin/BTC Value
So let see how LEO fared in these parameters
When I last wrote about it the USD value of LEO was $0.225 (upto 3 decimal place). But today at time of writing this post I see LEO value is currently $.536 taken from Coingecko
This make 138% rise in LEO value as compared to last post value or in other words LEO become 2.38x more valuable in last 52 days.
When I created my last post , 1 LEO was 1.829 Hive (upto 3 decimal place) but today when I checked price at Leodex it was 3.859 Hive.
so it means Leo has increased by 110% in terms of Hive value ot it is now 2.1x of Hive previous value.
3. Bitcoin/BTC Value
This one is my favorite parameter because Bitcoin is "Cryto Gold Standard" and comparing the price against BTC perfectly make sense. At the time of writing previous post the LEO value was 1279 satoshi.
Today at time of writing this post , wLEO value is 1454 satoshi. It means 13.6% increase in LEO price.
Wow! LEO as outperformed BTC also despite the BTC bull run.
Liquidity provider will be interested in this parameter how their wLEO is faring against ETH.
Last Time 1 ETH was equivalent to 2381 wLEO/LEO.
By seeing the trade in Uniswap pool , It look 1 ETH is currently equivalent to 2613 wLEO/LEO .
Does it look like it is reduction of 9.7% here.
But wait , having LEO has it's own benefits that help you earning in curation rewards and get you invested in one of the fastest growing platform. Interacting in this platform will be really beneficial for everyone.
If In case if you do not know what LeoFinance is then you can read about this platform at https://leopedia.io/faq/#what-is-leofinance
If you are wondering about wLeo then you can read about wLEO at https://leopedia.io/wleo/
If you want to start with wleo trading in uniswap pool, then please check https://wleo.io/
LeoFinance allow you to earn LEO that you can swap for wLEO and wLEO can be swapped for ETH in defi pool. So it is also equivalent to mining ETH from blogging.
Hope you have liked it, Please feel free to upvote, reblog and comment.
Also feel free to give me a foll0w at https://leofinance.io/@r1s2g3
Posted Using LeoFinance Beta