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LEOM experiment update 12 - final results of the experiment

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@trumpikas
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So 1 year of experimenting - it's been a great rollercoaster. So I am thinking it's enough and this will be the final last update. Let's look at the last stats and make some conclusions.

The original miners cost was 2144 HIVE (2HIVE=1LEOM). About 2520 LEO was been mined during the 1 year experiment. If we would convert it into HIVE now we would get about ... 880 HIVE. Much less than last month since LEO is down against HIVE tremendously, seems HIVE has been again performing better than Leo during the last month. That means about 40% of the original cost (in HIVE). So the ROI of this experiment in HIVE is 40%, but in $ it's actually over 100%, but during this experiment I was measuring things in HIVE. Either way, a really good result, just that I was wishing for 100% ROI also in HIVE, but the shaky market didn't let it happen. All good still.

The current prices of HIVE and LEO. HIVE is up about 60% (price 0.744$) since the last update but LEO is down about 15% (price 0.249$). There was a small bump in LEO price a few weeks ago, but HIVE is doing good.

LEOM amount 1000. Growth of LEO - about 100 more LEO in balance and staked than last month - growing - total 3660 LEO.

As seen on the Hive Engine table from hivestats.io, it shows 203 new LEO in the last 30 days, but since it counts other tokens also, I'd say about 100 LEO mined.

The price graph of LEO on LeoDEX. Last month is down bad, LEO is on sale. 0.35 HIVE per 1 LEO or 3 LEO for 1 HIVE.

The price graph of LEOM on LeoDEX. Currently at 2.1-2.88 HIVE per 1 LEOM. Half of what it was last month, again in HIVE, consider that HIVE is up a lot.

The graph of my LEO since the beginning of this experiment. The goal was to collect 5000 LEO by the end of 2021 mostly by mining. Still some to go, but not impossible to achieve.

There was a small altseason during the end of August and beginning of September. But now the Market is down and staying in place mostly. I was right during the last months update, where I was feeling some altseason, and HIVE price is up.

Let's also see how the price of LEOM changed in $ during that 1 year. Pretty volatile, I would say. A real rollercoaster. There was quite some euphoria during this April/May. July - it was all over.

Now let's compare it to LEO price in $. Looks about the same? So the conclusion is - LEO and LEOM price movements are pretty much in sync, but with a small delay. LEO price action also seems smoother, but that's probably because it has more trading volume.

These graphs/charts are much better, and show longer time period than the Hive Engine ones, but I had to make these myself :D

Also posting another update on my new CUB farming experiment next week. Read the first post about it here:

soon about a new experiment - Cub Finance farming, currently gathering and waiting for a bit more info and making some excel sheets to have something to analyse. So if you're interested to also see that click the follow button.

Thank you, hope you found this information about LEOM useful.

Also, since the experiment is now over - is there anyone maybe interested to buy all the 1000 LEOM from me? (Comment below)** Otherwise seems difficult to get a big amount of LEOM anymore from the market. And if LEO goes up, so will the LEOM, pretty rare stuff if you ask me, at pretty low prices currently. If not, I just keep it staked and mining.*

Posted Using LeoFinance Beta