exchange listing is one of the important parts of any coin because this is how a project gets more community support. The LEO team has been working hard to improve its user interface and NOW after this, it seems they are Moving ahead on the exchange listing. The exchange listing has been announced and it is going to be done in the next six days as one day has already passed. They have mentioned in their announcement post that the listing will be done in 7 days and one day has already gone by hence, we are left with 6 days.
The price impact can be seen in the Leo token price after this announcement because people know that after this listing the value of Leo is going to be high. Thor chain is one of the popular protocols and the Maya protocol is the fork of this Thor chain. Last year we saw a new community created by Leo for Maya protocol and NOW Leo getting integrated.
After the announcement post price for the Leo token has gone up as you can also see in the below snapshot. This is the price chart taken from Hive engine and you can see that how price has gone up significantly and looks like this is just a start because the demand for Leo is going up which will be shown on its price clearly.
Before the announcement, the price for Leo token was around 7 or 8 cents but now it is 12 cents which is a fantastic growth in the price, and I think it is an opportunity for us to buy more at this price because I anticipate the price to go up even more. Please note that the listing will happen approximately six days from now and after the listing looks like the price is going to skyrocket for Leo but before that happens, we have the opportunity to grab a bunch of tokens from the market.
As per the announcement, we are going to have a WLEO-CACAO trading pair and they are going to start with USD 100k which is a great number of liquidity.
Maya Protocol is a friendly fork of THORchain. Many in our ecosystem have been talking about and writing about Maya for months now. Maya is a really interesting concept. It is very similar to Thorchain in that it is a Cross-Chain L1 DEX (Decentralized Exchange) but there are a few key differences.
Since this is going to be liquidity, we would need a CACAO token as well and currently, in the market, this token price is almost $1.3, and it's expected to grow. The Maya protocol is bringing some of the functionalities that can contribute to the price appreciation however this is not financial advice but following the trend it seems to happen soon.
I have never invested in this but looks like it is the time when I need to spend some time and understand more about this. I have already gone through this project before but now I need to do further study before investing and hopefully, I will be able to do this by this weekend. I always believe that we should do our research and study on any project before putting in our money and no matter what the project looks like, but it is unnecessary steps to be followed before investing.
I am confident about Leo that it is doing great, and it will do even better in the coming years. I have been accumulating more Leo in my account in a staked form which is Leo Power but now with this exchange listing there is another opportunity for the community to provide liquidity and earn significant rewards. Again I would highly recommend you go through the process and learn more about the protocol before going ahead but based on the details provided it looks promising and I'm also excited to be part of this.
Now the countdown for the exchange listing is on and we are going to have it in less than a week. This is also the time when I anticipate that the price for Leo will go higher hence if you are planning to buy Leo then now is the right time and you should do it without any further delay else you might have to pay the higher price for the token. It's a great opportunity for the community to be part of the project and grab this opportunity. There will be more updates coming up from Leo's team in the coming days hence it is recommended to keep an eye on the updates, and they will be explaining more about it which is going to help us.
Thank you
