Lovely greetings amazing people. Is really a pleasure writing again in this cool and awesome community. Honestly the HoloZing community has been doing a great job in making sure that the HoloZing project become a success.
There have been a lot of promises made by Acidyo about bridging hive and taking zing to other blockchain. This plan of taking zing to other blockchain has made me have a long term goal accumulating the zing token. There are a lot of benefits that will come from taking zing outside of hive to other blockchain. First is that many will get to know about hive. How?
Because according to Acidyo those with hive will be able to earn zing as a reward. So because people really wants to gain they will buy more hive in order to earn the zing token.
Imagine the level of utility that will create for the hive. That will really help the price of hive to skyrocket due to the more people buying hive to participate in the lunch pool to earn zing. That's sounds good, right? There is still a lot of time for you and I to accumulate as many zing token as we could. Now that we are still at the early stage it is very advisable to accumulate as many zing as we can. For me I have already accumulate more thank 3k zing.
My reason for saying this is that as more people come to know about zing the more they will like to participate in the pool and to earn zing. Some will also buy zing, and the price will gradually skyrocket. You know the law of demand and supply. Once there is more demand for a particular products there is a high possibility for the price to go up. So the law is no difference from what will happen when zing is taken to other chain.
Why Buy Zing Now
When you go to hive-engine you will notice that the price of zing has dropped so badly. Reason is that many people who has a short term goal for the zing token and who doesn't believe in the future of the HoloZing project has powered down most of there zing token.
Powering down or unstaking has never for been a healthy thing in the crypto space. Whenever a coin is down it becomes an advantage for those who believe in that project. Reason is that they will buy those coins or tokens at a cheaper rate, and when the project finally get it ground the will be in a better position in the project.
At the launch of the zing token it went so high that many people started buying the zing token and delegating their hive to earn earn. But as time progresses the price gradually starts coming down. There is every possiblity that the price will return to where it was.
Note: I'm not a financial adviser. I only made this content for educational purpose. Please do your own diligent research before investing.
Credit
All pictures are screenshots from hive-engine and HoloZing website