June 2023 Update on My Hive Engine Tokens
I just powered up all my liquid Hive Engine tokens earlier. Time to give an update on my token status. The last time I published this kind of report was 12 March. That was more than three months ago. Now instead of making a weekly report, I am planning to do it monthly.
17 June 2023 Update
| Names | Previous | Current | Token Increase | % Growth | 2023 Goal |
|---|---|---|---|---|---|
| HP | 1,901 | 2,335 | 434 | 22.83% | 5,000 |
| SPS | 4,047 | 6,438 | 2,391 | 59.08% | 10,000 |
| LEO | 2,006 | 3,282 | 1,276 | 63.60% | 5,000 |
| SME | 420,092 | 717,221 | 297,129 | 70.72% | 2,000,000 |
| CTP | 26,302 | 33,010 | 6,708 | 25.50% | 60,000 |
| WOO | 32,081 | 63,730 | 31,649 | 98.65%% | 100,000 |
| GLX | 696.78 | 2,000 | 1,303.22 | 187.03% | 10,000 |
As you can see, $GLX had the highest % growth from just 11.49% three months ago to 187.03% today this is because, in addition to the staking rewards, I also add to my stakes by buying the token from the market. I just want to take advantage of its current market price.
The growth of both $WOO and $SME too is impressive. If I will just look at these tokens every week, the increase appears insignificant. It is quite different when you see their growth and compare them after three months.
The reason why the growth of the above two tokens is different compared to other Hive Engine tokens is that, in the case of $WOO, I have been powering up 1,100 since 06 June as part of my participation in the staking quest in the Zealy campaign.
In the case of $SME, I stopped selling the token due to its depressed price. I have been powering up all of the $SME that I have been receiving from author and curation rewards I think for the last three months.
$LEO and $SPS made great progress too with their 63.60% and 59.08% increase respectively.
My HP and $CTP have the least growth for the last three months with just 22.83% and 25.50% appreciation.
There are other Hive Engine tokens that I did not include in the above list such as $LISTNERDS, $LOLZ, $SPT, $CENT, $NEOXAG, $BEE, $WAIV, and others. Below is their current status:
| Names | Current Status |
|---|---|
| LISTNERDS | 38,290 |
| LOLZ | 1,019 |
| SPT | 104,863 |
| CENT | 34,446 |
| NEOXAG | 50,323 |
| BEE | 58.65 |
| WAIV | 158.35 |
| INDEX | 53.48 |
Looking back on the last three months, I am glad to see the continuous growth of my Hive Engine tokens. As I keep saying since March 2022, this is my way of doing micro-investing in layer two tokens. No one knows what will happen several years from now with the above projects. They could either disappear or they could demonstrate tremendous growth and development. If the latter happens, I can say that all my efforts and time invested in these projects have been worth it.
Thanks for your time!
https://leofinance.io/threads/rzc24-nftbbg/re-rzc24-nftbbg-2jypzobtc
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Which one should i focus on next week? Cent or SPT? I wanted to go with cent since i really do not play card games and won't have anything to say about the game in their chat. Which one you like more, Cent or SPT?
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I would prefer $CENT for there is an ongoing effort to stabilize its price. In $SPT's case, I don't understand how it works. It appears that only a few hold a huge quantity of this token and they don't have the intention to curate content outside of their circle. That's the reason why I just delegated my 104k SPT to @lolz.spt.
Ok.. I will be going with Cent 100%
I am also changing my $CENT Power target from 30k to 40k.
You are going to like the amount i am going to get lol. Its like a 3K market cap right now. I am going to take advantage of that really soon
I am the 19th on the Rich list. So far, only @utopia-hope exceeds @lolz.cent when it comes to the size of the stake with his 101k plus $CENT power.
Oh wow lol. I am coming for those guys hahahaha
Well, if you can power up 100k, you will immediately occupy the 8th place. Even @anadolu, the issuer of the token himself has 143k plus $CENT Power. Anyone with substantial capital like @utopia-hope can surpass that. By the way, in addition to @utopia-hope's 101k plus stakes, he receives a delegation of 177k plus $CENT from three accounts and he also delegates 6k $CENT to @fun.farms.
Interesting brother. I'll hopefully see you up there very soon.
Is CENTG an active token? I read it is the Governance token for Cent. Are you also accumulating these?
Yeah, it's a governance token. I didn't look into it because it's expensive.
It really isn't expensive at all. It has a supply of 1K tokens. It is actually extremely cheap at this price
Well, considering the supply, yes. I didn't explore how the token works.
Right now, if you have at least 100,000 staked CENT tokens, you will occupy the 6th place in terms of staked tokens (which excludes liquid and delegated tokens). 🤓
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@savvytester(5/5) tipped @rzc24-nftbbg
Please what are Index token and how does it work
$INDEX represents the best performing tokens in the Hive-Engine market.
How does it work?
Source