Leo or WLEO is on fire !
WLEO is on fire price wise.
I read a good post from which gave me the motivation to write this post. The below graphic is from her post.
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The chart of WLEO looks great!
Itโs rising from left to right, showing a steady rise in price, normally thought to be the most stable and persistent rise in price.
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As you can see from this candlestick, itโs experiencing higher lows and higher highs.
These higher highs and higher lows over time, also suggest stable progressive levels of support, which are sustainable and not simple pumps, followed by dumps.
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Additionally the Uniswap Liquidity Volume is increasing.
As you can see the trading volume is steadily increasing from 500,000 to 1.25 million. This is positive as it allows larger and larger investors to come into the market and feel like they can safely trade in and out of WLEO. This increases our trading volume, increases profits fir liquidity providers, makes our liquidity pool more attractive to liquidity providers, so it grows.
If you look backwards, you see WLEO tracking Ethereum upwards.
The original thesis behind the WLEO-ETH project was to tie the price of Leo to the price of ETH.
In fact, looking at charts, like the ones below, they suggest the thesis was true; WLEO does track ETH.
The charts of WLEO and ETH show WLEO tracking ETH.
Then you look at our roadmap into the future.
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When you combine this price improvement, the large number of new accounts being created on Leofinance and Hive via the 20 second sign up process from LeoInfra. Plus encouraging analytics, the increased user interface speed created by the Leo Lightening Project, the excitement about the Leo Microblogging program called Blank and the excitement over the coming new LeoDex with atomic swaps, rune nodes and also DeFi...
the project future is so bright we gotta wear shades! (Sunglasses)๐
Now You understand why Leofinance is on fire.
Learn more about joining Leofinance and Hive blockchain Here
โ๐ผ Written by
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#Gif-Created by
Found here https://giphy.com/gifs/lif7DBSoycOBcCXToE/media