Greetings to all Leo Finance fans! It´s Leo Power-Up Day today, a June 15th event we have been waiting for! As I wrote my intention to power up 4 days ago, I said I will be increasing the amount I will stake...and so I was able to convert a hundred + more liquid Leo... thus, from 201.079 +104.00 I now have to a total of 305.079 Leo for staking which will eventually got my stake to a total of 710.971. Well, the amount is really low at the moment, but it will surely be increasing slowly but surely.
Moreover, 3 weeks ago I staked part of my Leo in xPolycub. I missed the date when the staking or airdrop started . On those dates, I had health issues and personal priorities is always on top of my list.....but it´s a "better late than never" situation and to start a thing is never too late for me. I know this will eventually increase as time passes...trusting my inner self, lol!
The value of my stake in xPolycub went down from 123 USD 10 days ago to 86.42 as of this writing. BTC ´s dip is continuing... now at 21.2K USD as of this writing. As for my Stake, this is a book value at the moment and for as long as I do not panic, I will hodl, hodl, hodl... sell-off my holdings would be a bad strategy and is not an option. I am confident that Leo´s as well as xPolycub´s value will rise again.
The impact of FED's announcement that the interest rate will be raised by 0.75 and maybe 1% will soon be implemented and is greatly influencing not only the stock market but also the cryptosphere! Here in the EU, the economy is practically in recession. Inflation rate was high at 7,4% in April and is expected to rise to 8% in June 2022. All countries are hoarding oil, and the war in Ukraine is nonstop. People all over the world are frightened because of the shortage of food, especially wheat and gas supply. I do not want to be pessimistic, but FUD is raising hell all over, the mindset of people having a huge stake in the cryptosphere is enorm. Every investor is pressured by what´s going on in the world. Let's hope for a fast recovery of the market.
Thank you for reading. Good Luck everyone joining the LPUD!
@mers