There are some projects in the hive ecosystem that require substantial investment because they have a bright future and will provide you with a solid income from time to time.

One of these is the #HoloZing initiative, which I discussed in detail two days ago, including its reward structure and brief statistics.

After just one day, the scenario changed, the price increased by twice, and those who purchased at that time doubled their profits.

If we look at the current price of the Zing token, one zing is worth approximately 0.0011 USD, which has climbed by 2X or even more.

In this post, I'll try to offer some price analysis of zing token, what happened to the price yesterday, and what the next move for zing token will be.

First and foremost, I prefer #Zing coin since it has a small market capitalization and a small investment can significantly increase its price.

We just saw that the price jumped yesterday, one of the users converted 15,000 HIVE to ZING tokens, pushing the price towards 0.01 and causing a large pump.

1H TF

On a one-day basis, according to #Hive-Engine, the latest price of zing was 0.0056, while its peak was about 0.01.

According to the one-hour time frame, when the price peaked at 0.02, it calmed down and returned to the price of 0.0056. This is how a small purchase of zing tokens can cause a significant increase in price.

Now let's talk about who purchased the Zing token. Who actually converted 15,000 Hive to Zing? The user's name was @jeffjagoe, and he purchased a large quantity of Zing token.

The beauty of the HoloZing project is that if any user desires just a small amount of hive, it will drive up the price of Zing, which will undoubtedly benefit all Zing holders.

1D TF

Now let's talk about the benefits of purchasing Zing tokens and the benefits of supporting this project by delegating your HP.

First and foremost, if you have good hive power and delegate to this community, they will offer you with an APR of roughly 24%, which is fantastic and the finest compared to all other projects.

Similarly, if you wish to convert your hive or acquire zing tokens, you will earn approximately 16 to 17% APR simply by holding your token.

It also has the long-term benefit of occasionally increasing your wealth. Just two days ago, the price was pumped up by 2X, and so on.

Also, keep in mind that new features, such as accomplishments and collection rewards, will be added shortly, and distribution may alter based on what they think and this will surely have impact on its price.

The objective of this post is not to offer financial advice, but to share my experience and ideas on this project. I hope the information will be useful to you.

I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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Pictures are snipped from Holozing.com and Hive-Engine

REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.