Hello SPIers, here we are on week 8 of the XV token sale with only 2 weeks remaining. Let's have a look and see how things are going so far.

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What is the TOP 15 token? (XV)

XV is a 2-year HODL token. All HIVE collected from issuing XV tokens are converted into a basket of 15 cryptos ranked within the top 50 on coingecko. The token sale lasts for 10 weeks with 6 weeks remaining and each token is sold for 1 HIVE each.

After SPinvest stops issuing XV tokens, the remaining will be burnt and we wait 2 years. During this time, we HODL the basket, it gets rebalanced and as we enter into the next bullrun it should grow in value. After 2 years have passed, I sell the basket and convert it into HIVE. I work out the HIVE value per XV token and buy the tokens back on hive-engine to wind the project down.

SPI takes a 5% cut of the profits for actively managing the project for 2 years, rebalancing the assets, updating posts for investors, etc.

Buy low - HODL - Sell high

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XV Token sale Update - Week 8 of 10

This past week, we did ok and were able to sell 1082. Thats cool but more would be awesome. This weeks HIVE collected from selling tokens converted into $443 which was used to top up our crypto basket.

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XV token Basket allocations

First off we look at the Binance rebalancer that contains the top 10 crypto in our basket. Ideally, all 15 would be in this but it has a 10 crypto limit.

It's been a crappy week for crypto and for the first time, we've seen the dollar value drop. This week, the rebalance bot did 2 sell orders and 1 buy order. Selling BNB and BTC and buying DOGE.

Next is our remaining 5 crypto that are held in my spot wallet and being manually rebalanced.

I last rebalanced these about 12 hours ago and it looks like ARB is off running again. LINK performed well this week with the other 3 going with the flow of the market.

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Current XV token price

Let's have a quick look and see how the XV is currently valued in HIVE. I dont have high hopes because were down a little bit in dollars but if HIVE is down more, we will have a gain.

Rebalancer = $3489.58
Manual Balance = $585.92
XV tokens issued = 9841.11
HIVE price today = $0.40

XV HIVE value is 1.04 HIVE

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BUY YOUR XV TOKENS TODAY FOR 1 HIVE EACH!!

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