Leofinance is very well known on the hive blockchain and even its leading project on this platform. The Leo team has been working hard to bring a lot of innovation and development into place. The world is moving towards decentralization and web 3.0 because now people do not want to limit themselves to some tech companies where they are not getting the freedom and ownership.
Leo is undervalued
The native token for the Leofinance project is called Leo and I believe this is highly undervalued. The Leo token has proved its existence in the past and its price was almost $1. That was the time when your value was really very good and high value was low as compared to Leo. Now the leo team is working to add value to Leo as well as the hive ecosystem which is going to be a great thing in the long run. The current price for Leo token is 5 cents which means it is available at a discount of over 90%. In my opinion, this should not be trading below half a dollar but now since it is available so I consider it as it is count, and the token is definitely undervalued.
Taking the benefit
Now that the Leo price is highly undervalued which means it becomes a buying opportunity for everyone who believes in the project. I believe in the project because this is one of the leading platforms driving innovation and web 3 adoptions. There are so many things available including microblogging and decentralized financing portals. I expect that it is going to grow even more which will bring so many people here on this platform. It is important for us to take the benefit now else later it might not be possible once there are so many people to do the same. It is the initial time when we can buy the tokens at a lower price and through this weekend also generate the curation reward which is like a bonus on the investment. Whatever is invested now will anyways bring good profitability in the long run but with immediate effect, it can start adding some value to the investment in form of a curation reward.
I have already invested some amount and even I keep on investing time to time to grow my overall holding. That holding is anyway generating a good reward in form of duration reward but on top of that, I also try to add some balance every month so that I can go my holding of more than 20000 Leo power by this year's end. It will not be a surprise for me if I can go it even more in the year whenever I see a better opportunity to buy or if I have a good amount of liquid money in my hand.
Threads is a game changer
Microblogging it's so much fun and easy to do which I think can bring many people on board this platform. This will create an increase in demand and later on it will result in a price increase. There is hardly any platform offering the easy option to monetize the content but with Leo, it is possible which is why I highly expect that the price will grow significantly for Leo once we have more active users here.
The only action required from our side is to promote and be more aware of Leo-verse and its ecosystem because the more people we have here will add more action and value to the project. The team is already doing good and they are bringing multiple initiatives to drive engagement and action which will make things better how it might take a bit longer to experience the change. This growth will be big but it might take some time for us to observe it.
Thank You