This morning I wrote about initiating a position in NEBL.
At the time, NEBL was approx $1.60 and during the day it hit an ATH of approx. $2.49. At the time of this writing it dropped to approx $1.90.
NEBL is definitely showing increased trading volume and probably for some (or all) of the reasons that I stated in my previous post. As well as people viewing the coin just as I did wondering why the big gains.
The question at hand is: Is NEBL worth HODLing for its POS rewards alone?
NEO COMPARISONS?
HODLing NEO generates GAS in accordance to the block generation rate. The current estimated rate (actual) of return is approx. 8.31%. However i've seen it as low as 4-5% . GAS typically is worth less than NEO but currently the price gap is very little and conceivably GAS can exceed the price of NEO. Although I don't recall it happening.
On the other hand, NEBL staking generates more NEBL. If NEBL is worth $100 each NEBL received is $100. Most NEBL HODLers will likely restake and their HODLings will compound. Here is the NEBL staking calculator
Both NEO and NEBL provide rewarding dividends. NEBL probably is a better choice right now due to the price, but due to NEO's popularity, it has a better shot at faster price increases.
What does the Steemit community think? Please hare your thoughts below with everyone.
As always - traversing the cryptosphere,
Kryptonaut