Last week the LEO token listing on Maya protocol was announced and there is a window of seven days to get the listing done. It's Tuesday today hence we are much closer to the listing and this is going to be a fantastic event for all of us since we all are part of the Leo finance and holding Leo. This pool can be a great opportunity for us to grab some profits and earn more tokens. I am excited to see this going live and the team has already announced that they will be starting with a pool of 100K US dollars.
exchange listing is very important for any token in the market and it is because with more listing the trading volume goes up which results in price appreciation. Just after the announcement, a price spike was seen on the token price in high-engine as you can see in the below snapshot. I expect that this will be even higher once the listing goes live and this is why it is a good time to buy more leo tokens since price appreciation is anticipated.
This is the order book for the Leo token where you'll be able to figure out that there are more buyers than sellers. It's good because a lot of people are trying to buy more Leo however sellers are less and this is why it is difficult to get the Leo at your price and if you want to buy then you will have to buy at the market price that the seller is asking for. Leo is one of the tokens that has been gaining value for the last few months and its all-time high was one dollar that we have seen in the last bull run cycle.
Maya protocol has also shared an update on Twitter confirming this new pool and altogether this is going to be an exciting part of the project. Here I am sharing the link for the post which is shared by Maya Protocol and this is good because a lot of people would pay attention to the WLEO pool.
https://x.com/Maya_Protocol/status/1767870655465177237?s=20
The Leo token utility is good because the team is building an ecosystem where the token will be used for various reasons. Leo has created a microblogging platform on blockchain where monetization comes by default for all the users and that is the best part. It's like we are using Twitter on the blockchain but our content will not be censored like it might happen on Twitter and it is one of the biggest problems of centralised platforms.
Leo also offers a premium subscription through which we get a bunch of nice features and it follows the same principle as X premium. But there is a difference with Leo you can get your subscription cost back however with Twitter that is never a possibility and content monetization is complicated. You will have to meet the required criteria to monetize your content and let me tell you that it's not going to be easy because they ask for five million impressions in a 3 month time.
What are your thoughts about the Leo token and what value do you expect post the exchange listing? It's a pool where we can be part of the pool by providing the liquidity and usually in the beginning if you participate then we'll be able to grab a significant return. In the pool when more people join the APR goes down and this is why joining in the early days is highly recommended. It is part of decentralised finance and I believe this segment is also going to grow a lot in this market cycle hence it is better to be prepared in advance and have some skin in some of the valuable projects.
Thank you
