Hi, my friends welcome to my other holozing post of the week this is my second post of holozing this week. In the previous week, I missed buying Zing tokens but this time I got the opportunity to buy some tokens and stake them And I am almost achieving my 7K Zing token target. In the next bull season, Web 3.0 will get more exposure because now Bitcoin ETF is approved and that is why Bitcoin is going to get lots of attention. Bitcoin is the gate to enter the cryptocurrency field when new people come into the Crypto They will also explore other altcoins and web 3.0 I am sure that blockchain gaming will catch the attention of these new people.
When it comes to blockchain gaming hive is not behind because we have a big NFT card game splinterlands that is very experienced and old in the cryptocurrency market And it is proven that Hive is not behind in This segment. After that, splinterlands has also launched a new game named Genesis League now there is a holozing that gets very good attention after Spinterlands So people have hope for this game and it seems a very promising project in the future That is why I am focusing on this game. The game is not live but there are four options to earn tokens of holozing So, it is good that we joined this game early to earn tokens. So when the game will launch we can grab the opportunity. We have seen this, in the case of Splinterlands where the people who joined Splinterlands early earned a very good amount So as an early adopter you get a benefit. I am not saying that if you join later, you will not get the benefit But if you join early, then you will have more benefits.
Market Buying of this week
Last week was gone in the new year and Christmas And because of that, I was not able to purchase zing tokens from the market. Sometimes I have purchased two times a week So it is dependent on the Fund availability. Sometimes, if I have more funds, then I buy two times a week, or I buy more tokens in quantity. But if som Sometimes you have fewer funds then you buy nothing that week Or buy just once a week. Talking about this week this is my first purchase of the year 2024 and purchase of the week as well. I bought 350 tokens from the hive-engine market. However this time it was a little expensive for me because the price was 0.007 USD.
My current staking
Around 17 Tokens were available in my liquid balance, because I’m getting some earnings from the liquidity pool And it is my second-highest Investment of the four options that Holozing provides. My target is 5K Zing tokens in the liquidity pool and the hive coins which needed to invest against 5k Holozing tokens. So whatever I’m earning from the liquidity pool, I sell 50% to buy Hive, and the remaining 50% I reinvest in the liquidity pool this way I will reach 5k in the liquidity pool.
Let’s talk about my staking balance. So after this staking of 367 zing tokens right now, I have a 4.66 K zing token balance in my staking. I have a short-term target of 25K Zing tokens And the long-term target is big and that is 100K Zing tokens. As I said, I’ve almost reached 7K total Zing tokens And soon I will have 10k Zing tokens. The current APR of staking is 39%+. And it is considered a good APR and maybe it will reduce more because more people are holding zing tokens and increasing their stakes. And we have to see what will be the use case of this token. So according to the use case, the APR will move. You can see the case of SPS The APR is reduced because of two extra use cases. One is staked sps rental and the second is the boost feature for the sps. So we have to see what will happen after a game launch.
Total zing balance
In the total zing balance, I include hive as well, which I invested in the liquidity pool Because, in the end, it is the investment of holozing So my total zing balance is 7K tokens. And I have 44.53 hive coins which are invested in a liquidity pool So if I add another 2.31k zing tokens, then it will become above 9K total zing tokens. So we will consider a total of 9K zing tokens. Here, I’m calculating all the options but excluding the delegation because delegation is not a zing balance. Here we can include liquidity pool and staking. Posh balance is also not considered in the total zing balance. So after removing these two options, I have calculated the total zing balance in the above.
Zing market price
Zing token price was stable at 0.005 USD. But now the price of zing is improving. You can see that the current price of the Zing token is 0.007 USD I can say it is doing very well without the game launch because there are only investment and earn options available So we can expect selling in this token. But it is good that the still token performing very well. In the first quarter, the game will launch. And that time we will see the price of Zing considering the current scenario it will surely increase more So even if purchasing at this rate is not bad I don’t want to miss the chance of buying tokens from the market. So I completed this week's buying and I’m planning to buy some more tokens next week, and I will update you.
So thank you for being here If you found this post motivational then please reblog And also do a comment below. Please share this post using #holozing, #zing, and #hive tags I will meet you in my next blog. Take care.
Thank you
Lucky Ali
○_________________○___________________○
| 👇 | ||
|---|---|---|
 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested in learning new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
Posted Using InLeo Alpha
