Nice Price Action For Zing!

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I claimed my daily ZING tokens a few hours ago, like I do everyday, and noticed price per zing has gone quite up since a month ago when I last bought a big bunch.

Now, there's still a long way ahead, as ZING is pretty much a staking token with promises of a game... I believe my last buy in was at about 0.013 and now it hovers at 0.0215. That's a nice paper profit of almost 2x!

Honestly, I was expecting price to more or less stay the same, maybe even drop a bit and hoped the inflation rewards would be enough to offset that! Well, glad I was wrong :)

I guess I have to thank empoderat@empoderat, he popped out of nowhere in the richlist and has a whooping 1 million tokens, lel. The fact that pretty much everyone keeps staking their tokens helps too. Liquidity is relatively tight, despite the zing/hive pool.

As for me, I am still sitting comfy at #20 in the richlist, with 243k coins. Maybe I'll do another last big buy to pass theycallmedan@theycallmedan and steal his position 馃槀 Dunno, I am really happy with my stake so far, but I will seriously think of it if we see a price drop. It would be nice to have 1% of the total circulation 馃槅

Will price action continue?

Dunno, I guess everyone is still in fomo/waiting phase, building their position etc etc. There's definitely lots of fresh hive blood left to enter.. Personally I did my part and convinced two peeps to buy a small bag, hopefully they won't hate me for it in the future 馃槀 And there's also a promised a BSC bridge that is in the works, that by itself could bring lots of outside money if marketed right. And of course the game hasn't launched yet, so if acidyo@acidyo delivers something promising current price could be peanuts...Or the top :)

Fingers crossed, hive desperately needs a win even, if it's a moderate one. It's good to see acid continueing to buy into his token, shows that at least he believes in it!

So yeah, I guess that's my latest zing shenanigans. Just staking everyday patiently and waiting.

I guess I'll write in a month or so about my zing status again, unless something big comes out. A man must shill their bag after all 馃槅馃槀



How about you? How do you currently feel about zing? Let me know in the comments below 馃憞





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