Finally, I reached my 4th Zing stake milestone!
This morning, I just bought around 241 Zing tokens from the market and staked them to reach 4000 Zing stake.
It feels good to be able to achieve yet another milestone in my Holozing journey. It seems that more and more people are also staking their Zing which is evident with consistent lowering of the %APR in the recent weeks.
The gap between the %APR of Zing Stake & HP Delegation is getting closer which I assume is caused by the increasing amount of Zing tokens that are being staked. It seems that we found the base price level at 0.005 USD, am I right? The flow of demand and supply is stabilizing which is making the market cap now at 112.13K USD. There was a time when it was around 85k USD only; I would say that it's a good sign when it comes to the future value of the token.
I wouldn't advise, but I think that Zing token is a good personal investment of mine. I didn't join the game early but I'm early enough that I was able to accumulate a good amount of tokens that can generate earnings regularly. Now, my strategy is to keep compounding my earnings by staking them. And then, I'm regularly buying Zing tokens from the Hive-Engine market while the price is still low. This is the token that could easily be 10x or even 20x from its current price so it's a good risk to take.
On top of that, it's also the means of exchange for the game so this token has already a use case planned for the future. I think that it's an easy investment to have considering that the web3 games have a good chance of becoming successful here in Hive.
I'm seeing...