XV Token Weekly Update | 70 Weeks Remaining
XV tokens by SPinvest offer a groundbreaking investment opportunity on HIVE. Investors purchased XV tokens during a 10-week sale and become owners in a diversified portfolio of carefully selected top-ranked cryptocurrencies.
SPinvest manages the portfolio, providing weekly reports for transparency. After a two-year holding period, investors can sell their XV tokens back to SPinvest for potential profits.
Backed by SPinvest's experience and reputation, XV tokens provide a simple and transparent way to participate in the crypto market's growth.
Basket of 15 Cryptos as of 23/01/2023
The market has taken a hit over the past week and things are all over the place again regarding allocations. ETH for the first time is the basket highest valued crypto. ETH has been sleeping the past 3-4 months as SOL, ADA, OP and AVAX mooned but the giant has been woke up. People are just starting to remember that ETH has 1 thing all the rest dont, a deflationary token supply and the cherry on top is a crap tons of the ETH supply is in ETH staking, about 24%. As ETH stakers HODL and ETH continue to be burned, this staking percentage will increase. This is a good time for ETH holders.
We normally do the biggest winners but this weeks top 3 biggest losers were ARB @-20.2%, OP @-16.6% and AVAX @-16%. Everything is down this week except for DOGE which has seen a nice green 0.2% gain for the week. I dont dare to refresh the page cause it could go red quickly, lol.
We finish the week with a basket worth around $700 lighter than last week, about 8% down.
The XV token book value this week is down 0.014 HIVE which is sideways. Whoever bet me last week, (@chrisparis) that the XV token value would increase lost the bet and im owed 1 HIVE. I knew it was going to drop and it's not rigged. We had too many weeks of growth. Chris, send an SBI unit to @eddie-earner and we both win 😉
With HIVE being down pretty much 8%, im ok with the token value going sideways.
We took a HIVE loss of 256 HIVE this week but we are still up over 12.8k so we have little to cry about. I'd say the next few weeks for crypto will be rough and we are going to see more declines. The news of the BTC ETF is now old news and the next thing is the BTC halving event so taking a few weeks now the let support build on exchanges is perfect. I'd say we'll see BTC drop under $40k but you know what, I'd be bullish and say, this could be the last time we ever see BTC at under $40k if it does drop below it.
After the halving in a few months, moon time baby and I'd love to see lots, all of our ALT tokens outperform BTC (expect for HIVE)((HIVE can moon late 2025🤑 when I say it can moon)) From summer 2024 until end 2025, its going to be an amazing ride and we're going to do good.
Round Up
Im really looking forward to seeing where we are in 6 months time for now. The past 2 months have been great, we gonna back sideways, maybe down a month and then back on the rocket ship. We cant just go straight up,
We cross over 1 mountain at a time what goes up must go down but after we go down, we are challenged by the next taller mountain. We saw the peak few weeks back, took some nice pictures, walked down the mountain and now we are crossing the valley to the next mountain and things will be flat until we get there.
Its sounds interesting but all we have to do with our basket is hold it and rebalance it every now and then. The market will make us money.
Thank you for taking the time to check this report and stay up to date with your investment.
Token Name | Main Account | Link to hive-engine |
---|---|---|
SPI token | @spinvest | SPI |
LBI token | @lbi-token | LBI |
Top XV token | @spinvest | XV |
Eddie Earners | @eddie-earner | EDS |
EDS mini miners | @eddie-earner | EDSM |
EDS micro miners | @eddie-earner | EDSMM |
CUBlife | @lbi-token | CL |
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@dbooster, @eikejanssen, @thatcryptodave, @curatorcat.leo, @siddhartaz, @ammonite, @hoosie, @cryptosimplify, @shanibeer, @samsemilia7, @sorin.cristescu, @oldmans, @melinda010100
Hehe, hard to pick my favourite quote this week 🙂
It's deffo not going up now, down to 29 cents.
1.71 HIVE value per XV is nice !
markets have crapped themselves in the past 2 hours so no idea what its worth now, lol.
Damn, crypto moves fast
yeah babe!
71% already up, and we aren't even halfway done!
cant wait to swap my XV to EDSD ^^
ah, excellent idea! Why had i not thought of that!
"Chris, send an SBI unit to @eddie-earner and we both win 😉"
C'est fait! 👍