Leofinance is on fire, just like Ethereum

Words
377
Reading
2 min
Listen
Play
6y

Leo or WLEO is on fire !

5242BB9FF4134083910EAD6A9FF641AA.jpeg

WLEO is on fire price wise.

I read a good post from nirvana@nirvana which gave me the motivation to write this post. The below graphic is from her post.
410C69EE32BB4296BF7D56FFE0B73C48.jpeg
source

The chart of WLEO looks great!

84DCDDA3F4CF48538E3D21E346B9B37A.jpeg

It’s rising from left to right, showing a steady rise in price, normally thought to be the most stable and persistent rise in price.

.

As you can see from this candlestick, it’s experiencing higher lows and higher highs.

8F890DBE25824FFA878C40D2F3DB8835.jpeg

These higher highs and higher lows over time, also suggest stable progressive levels of support, which are sustainable and not simple pumps, followed by dumps.

.

Additionally the Uniswap Liquidity Volume is increasing.

8935C635A991471FAE9169382BB0DDC7.jpeg

As you can see the trading volume is steadily increasing from 500,000 to 1.25 million. This is positive as it allows larger and larger investors to come into the market and feel like they can safely trade in and out of WLEO. This increases our trading volume, increases profits fir liquidity providers, makes our liquidity pool more attractive to liquidity providers, so it grows.

If you look backwards, you see WLEO tracking Ethereum upwards.

The original thesis behind the WLEO-ETH project was to tie the price of Leo to the price of ETH.

156059DB4A6A46A698AA6D7088D16A21.png

In fact, looking at charts, like the ones below, they suggest the thesis was true; WLEO does track ETH.

EDB78DF4059749B5A244776B1216A785.jpeg

The charts of WLEO and ETH show WLEO tracking ETH.

B9A594FE91C34752BEABEC93F11B4A36.jpeg

Then you look at our roadmap into the future.

FB5662835632402B942E55C9B890738B.jpeglanguage

When you combine this price improvement, the large number of new accounts being created on Leofinance and Hive via the 20 second sign up process from LeoInfra. Plus encouraging analytics, the increased user interface speed created by the Leo Lightening Project, the excitement about the Leo Microblogging program called Blank and the excitement over the coming new LeoDex with atomic swaps, rune nodes and also DeFi...

the project future is so bright we gotta wear shades! (Sunglasses)😎

Now You understand why Leofinance is on fire.

Learn more about joining Leofinance and Hive blockchain Here

✍🏼 Written by shortsegments@shortsegments 🦁

9A838C0BFED24D6FAD0130BB6A5FEFAB.gif
.
.
.
.
.
#Gif-Created by mariosfame@mariosfame

Found here https://giphy.com/gifs/lif7DBSoycOBcCXToE/media

Learn more about joining Leofinance and Hive blockchain Here

Leofinance is on fire, just like Ethereum | Ecency