Yes that is good to see. After the pump, the dump wasnt so bad.
LEO isnt holding up so well. First time I saw it follow the market down. Usually it does its own thing.
Anyone think it is because of the lack of news about Leofinance and other subjects other than CubFinance?
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Isn't LEO heavily influenced by the price of Ethereum because of the liquidity pools there? Ethereum is down so maybe that's it. I'm just guessing though...
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It is although that is where the trading on H-E can help to counter balance it. It is also why they have a big difference in price sometimes.
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Yes but in order to take advantage of the price difference, you need to have quite a bit of capital since ETH fees are quite high. I am not sure about whether or not bLEO corrects faster or not.
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Yes to arbitrage it that is true. And it really is a lousy one since H-E is so non liquid.
However there are price differences between the two.
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Well this makes me think that LEO is less tied to Hive right now when compared to ETH , don't you think ?
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I think so as well. Mainly because the gas fees are too large on ETH unless your trading in large amounts. Given the lack of liquidity in the market, you have to calculate whether or not there is enough funds and tokens to change.
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Certainly. Leo is on a league of its own. It is tied to so many projects it is almost impossible for just one to be a determining factor to its price action.
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True , that is better in my opinion , it is not good to be tied to one particular token . If it is tied to many , then traders will have good opportunity and hence good visibility and volume of LEO .
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I think that's the plan with khal has in mind. To tie Leo to different blockchain. We slow become part of everything this becoming harder to kill.
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That's the way it should be . That's why I am all in for bhive , we need Hive outside Hive to stabilize Hive lol .
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Having some LEO in your wallet will be very good long term.
I can almost guarantee it.
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I wonder if bLEO and BNB factor in.
Probably not since that isnt listed anywhere yet like on Coingecko.
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