Start of the month ritual: Waiting for the LARYNX price to dump

in LeoFinancelast year (edited)

First up, let me state that I have confidence in SPK and its LARYNX token. I believe it is a project that has some upsides if we see the growth of video content on Hive, and SPK network could play a key role.

Screenshot 20230201 at 6.33.20 AM.png

The chart above shows the price of LARYNX in Hive.

As I have mentioned earlier, there seems to be a dumping of LARYNX at the start of the month when the claim drops are available. Study the chart and make your own assessment.

I am not afraid to publicize that I have put a small buy order at a lower price as I hope people will dump after claiming.

I am not afraid to publicly announce it as my reach is limited, so there isn’t much impact, I think.

If people read my post and start to place buy orders or become less inclined to sell, it would help support the price, on the other hand.

Either way, I am happy!

P/S: This is not financial advice, and please do your own due diligence before investing.

If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.

You might be interested in this post, @graciousvic, @deflacion, @jacoalberts, @young-kedar, @svanbo, @sumotori, @zakludick, @poplar-22 and @hankanon!

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LARYNX isn't one that I have paid attention to, but GLX has tanked in the last 90 days. It was at 0.30 and now under 0.03 and still dropping. I sell it everyday. Do you know the lifetime performance of LARYNX? Has it dropped like 90 percent, or is it more stable?

It’s what the chart is showing, mate. Priced in Hive. !Pizza

so 50 percent decline? Not too bad!

Enjoy while it lasts! !PIZZA

Would you like to get reminded too about trying to operate a SPK node together with my reminder for you to test out a DLUX node (which you haven't talked about yet for the past 8 days)? 🤔😏

Have some !PIZZA with !LOLZ for today! 😁

Yes keen!

No matter what network based on #Honeycomb (which are SPK, DLUX, and DUAT) you want to operate a node for, I can help you with that. 😎

Why not start by asking a specific question about operating a DLUX or SPK node? 🤓😏

Apparently to start a zoo you need at least 2 pandas a grizzy and 3 polars.
It’s the bear minimum.

Credit: reddit
@cryptothesis, I sent you an $LOLZ on behalf of @savvytester

(1/10)
Farm LOLZ tokens when you Delegate Hive or Hive Tokens.
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a lot of airdrops seems driving prices down, can you name tokens where is more airdrops? i knew only sps before:)
maybe i will buy the dump and put into portfolio

No other that I know… !PIZZA

Hot dayum you are on yoir coins like wild fire!! I love it. LAUGHS not missing a thing.

I have to claim tonight, hope I don't forget😂

I think the airdrop is over so I am not sure if the price will drop that much. When I checked ecency, I don't see a new claim. I just delegate out that LARYNX and I have been collecting quite a bit of SPK.

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Thanks once more @cryptothesis, we had no idea Larynx and SPK had to do with videos, though with SPK we could have thought about mobile phones. Larynx as you say doesn't seem to fluctuate much, we've staked our ridiculous amount for about a month and since it doesn't seem to vary. We'll see when we go for your plan of 40% aim but that's when we'll be ready! Best!

Interesting... I should make video content.

Yes. Get on 3Speak! !PIZZA

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Hive Power Up Day - February 1st 2023
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