What if SPORTS hits the $0.001 Price mark? A food for thought...

in LeoFinance11 days ago

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Someone scornfully asked when I will become a millionaire especially with my "noise" about cryptocurrency. I didn't need much research to reply him. I quickly replied that it would be very possible as soon as SPORTS hits $0.01 price and LEO hits $1 and we both laughed. In his understanding about crypto, all that matters are BTC and ETH. Very many people are yet to be aware of some great value lurking in alt coins, much more interesting is when one discovers the wealth that is stored in the "valueless" Hive tokens.

At present, I pride to say that Hive is the most economically viable blockchain as it mothers over 100 tokens on its second layer which are used to tokenize activities in different communities and content niches. With the boom of LEO, other tribes have been drawn to the reality of the opportunities that are lying dormant out there that requires their bridging off the chain. I see a future when whether HIVE grows above is present price or not, but the least token would be worth $1 on this chain. It is possible.

Seven months ago when I started a rigorous engagement of the LeoFinance community, I was sure that the community would grow and the token would pull some good value but I never saw it coming this early. My anticipations were forward to 2021 Q1. Then, I predicted that we could be trading 1 LEO for 0.5 to 1 HIVE. Amazingly, my expectations were fast-forwarded and LEO had long surpassed the 1HIVE price.

The pace at which things changes in the crypto sphere is quite fast that one should be resolute when trying to make an investment decision in crypto. One moment %change in crypto price may be "green" and the next few seconds, everything goes "red" and vice versa. I've had my regrets and joys especially with the Hive tokens. From 10% to 1000% and from 10% to -50% and many more.

Few days ago, I published a post telling how my monthly curation earnings with LEO only surpasses minimum wage in Nigeria. The post has earned great engagement and you can also join if not yet. Those are not tales and theories but my personal testimonies. A keen look my blog would tell how I am very intentional in logging my personal experiences and thoughts when it comes to leofinance contents. I can solidly defend all my positions.

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Minutes ago, I just powered up $20 worth of SPORTS token and looking up the SPORTS richlist, I noticed how close many accounts are moving towards the 50 million SPORTS stake mark. Those investments are a great seed for the future.

A look at the tokens tab on LeoDes would show that the market capitalization for SPORTS and LEO have surpassed the $1 million value and still moving ahead. SPORTS with close to $2 million Market Cap. shows a $0 price approximation on Leodex. Hive-engine shows more decimals and reveals the price as $0.00002. You can see with me how cheap the SPORTS token could be.

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A careful study of the token characteristic over the last 14 months of its existence, one would remember that there was a time that SPORTS was worth $0.01 and even higher. Many things happened along the line that made the token lose value to oblivion but things are building up again.

With the plan adjustment of the curation curve to linear, there is anticipation of improved engagement and with recent off-chain marketing initiatives by community members, some big sports teams are joining the tribe soon and that would place some pressure on the token demand and price. In fact, gaining two decimals to the right of $0.00002 price gets realer and possible by 2021 Q1.

All of my prose above is a reflection of the fact that SPORTS would eventually gain value towards the $0.001 price and that would mean a change of financial status for many stakeholders who are taking advantage of this present cheap rates. Each time I see how much LEO has grown. I regret that I didn't hit the 50k stake target I set for myself. I wish that I had sold all my HIVE earnings then to bus as much LEO as I could. I won't regret when SPORTS moons.

What if SPORTS hits the $0.001 Price mark? Would you regret not buying in now? A food for thought...

You may join my SPORTS Curation Trail to maximize your SPORTS stake. With the trail, your stake of SPORTS would yield profits without your active involvement.

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i wont say am surprise when i see people react towards investment especially when it come to cryptocurrency, i was even tell someone today about leofinance community and how i am planning to move my stake from 15 lp to 1000leo power before this year run out and the reply i got was to stay away from crypto investment especially when it come to hive. i just laugh because my plan isnt their plan. this days i do want i know is best for me and my future

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I love to see if the price hits the $0.001 I have staked more the 100k tokens and live to jojn your trail... will getup in the evening when I will using my laptop..
One learning from leo is that accumulate the token when the price os at low... but before that check the project too....

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While we hope to see the price surge. There is work to be done. Engage and refer friends to the community.

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I am trying my best ... but in India crypto is not so popular as their is no Government policy on same so its no easy to convince the people... But recently I am able to onboard my brother (re engage) and her wife (new comer).... after all charity begins at home....

I'd be very glad to see SPORTS at $0.001. Like you have said, things change rapidly and sharply in the crypto market so, it's best to be well-positioned for any kind of change that may surface. Sports could moon anytime so, it's best to accumulate now either through blogging, staking or buying.

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Yeah. let's just take advantage of this deep and watch as things push forward. However, all hands must be on deck to help the community attain its goals.

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Congratulations @uyobong! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You distributed more than 18000 upvotes. Your next target is to reach 19000 upvotes.

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I envy the fact that you give so much into this second layer tokens and want to do the same. But wait, did I just see that $20 worth 1million sport tokens?

Always happy to know that people are motivated.

I just see that $20 worth 1million sport tokens

Yeah, that's the worth of 1 million SPORTS -- $20. A month ago, that same amount of SPORTS was less than $10.

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Wow... I just set a buy price of 100000 sports for 15 hive on hive engine.

How do you get notifications on leo. I don't get comments notifications at all.

It will be a thing of joy as I will be the happiest person if hopefully sport hits that price because I have been hoping that something such a thing will take place in sports. We just have to keep hoping and while hoping, we should keep engaging the community and accumulate as much as we can now because we don't know and can't tell when that will happen so it doesn't take us unaware, it is good we prepare beforehand.

We have the same vision but I momentarily collapsed because of the decline of Hive's price. But people like you (who continuously look forward) despite of the price is a true inspiration. With the type of governance Sportstalksocial has, I'm optimistic we'll eventually get there.

Congrats on the millions of Sports!