XV tokens by SPinvest offer a groundbreaking investment opportunity on HIVE. Investors purchased XV tokens during a 10-week sale and become owners in a diversified portfolio of carefully selected top-ranked cryptocurrencies.
SPinvest manages the portfolio, providing weekly reports for transparency. After a two-year holding period, investors can sell their XV tokens back to SPinvest for potential profits.
Backed by SPinvest's experience and reputation, XV tokens provide a simple and transparent way to participate in the crypto market's growth.
XV Basket of 15 Cryptos as of 17/05/2023
The market is down over the past week and our basket seems to be moving in tandem as no buy or sell orders were executed this week. We can see from the current allocations that everything is within its range of 1% +/-. By eye, I think the crypto off its set allocation the most is Polygan which would need to drop another 0.46% to trigger a buy order.
Stacks has fallen out of the top 50 ranked on coingecko again, I will give it a few weeks of grace to if it can get back into the top 50. Im not sure what it could be replaced with just yet but we have plenty to pick from.
This chart above will look pretty much the same each week. Its purpose is to show each crypto in our basket against a $ value and the total $ value. This week XV's basket is worth $6,846.31. We still have a long time to go but I look forward to the day when this gets into 5 figures 馃
The chart above is shown to give investors an idea if how their investment is performing. It could also be used as a point of reference for those looking to buy or sell XV tokens on hive-engine. This week, the ballpark XV token price is 1.06 HIVE. If we can grow 0.04 HIVE each week, we'd finish 4x 馃榿. If only it was that easy.
The above chart is basically "XV Basket vs HIVE" valued in HIVE. So the market is down this week. Overall in terms of dollars, our basket is down 3%. HIVE in terms of dollars is down about 8% this week. So even when our basket falls in value by 3%, it's still worth more in HIVE because HIVE fell by 8%.
The large marketcap tokens in the XV basket are less volatile when compared to HIVE as a small marketcap token. The current HIVE to BTC ratio is 72,800. During the last cycle, this peaked at over 300k HIVE to 1 BTC. It might not get there again but even if the ratio increased to 200k, we'd profit from that nicely. We are still in a bear market and I believe XV will gain alot of HIVE value as it gets closer to the next BTC halving event which will trigger the start of the next true bullrun.
I should add in a total HIVE growth number at the bottom maybe. Total growth from the past 2 weeks has been 1064.28 HIVE.
Round-Up
So far, so good. The basket is seeing HIVE growth and no buy/sell orders were needed so no transaction fees this week which is a bonus always.
We still have a long road ahead 馃槑. Thats the first proper report, we'll be next week for another one.
Thank you for taking the time to check this report and stay up to date with your investment.
| Token Name | Main Account | Link to hive-engine |
|---|---|---|
| SPI token |  @spinvest | SPI |
| LBI token |  @lbi-token | LBI |
| Top XV token | @spinvest | XV |
| Eddie Earners |  @eddie-earner | EDS |
| EDS mini miners | @eddie-earner | EDSM |
| EDS micro miners | @eddie-earner | EDSMM |
| CUBlife | @lbi-token | CL |
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