XV Token Weekly Update | 79 Weeks Remaining

6 months ago

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 21/11/2023

It's been an up-and-down market this week. SOL has continued to moon and AVAX went a huge run as well. It seems all GAS tokens are performing well. As for the dollar amount of our basket, we finished $3 down compared to last week so flat week.

You can see above that we are way out of sync on a few tokens but we'll get this sorted within the next few weeks. Im thinking there could be a pullback in the crypto soon as things have been going good for around a month and a small market correction would be the perfect time to do a quick rebalance.

The XV token value increased to 1.24 HIVE this week. The dollar value of the basket remained the same as last week but HIVE has dropped 4% and the basket is now worth more HIVE. Look back to week 24 when the token had a book value of 1.03 HIVE and how things can change so quickly. Crypto is a crazy sport to play, haha

This is our 5th straight week of growth and we're hitting new highs every week. I do expect this to pull back at some point but we'll ride the wave till it breaks.

Round-Up

The first 5-6 days of the week were solid with the market starting to fall apart within the past day. SOL, LINK and now AVAX have seen impressive gains, I think more than if we'd been rebalancing weekly.

I think a market correction will take place soon to give one last cheap crypto buy chance before the bullrun proper kicks in. Corrections happen and they happen for different reasons but mostly before a bullrun, they are used by bulls to build massive walls of resistance. BTC Bulls might be building a massive buy wall at $30k right now. The longer BTC hovers around these levels, the bigger and stronger the wall becomes and the less likely it is that BTC bears will break the wall with sell orders under $30k.

Went a little off point there, i was meant to say when we confirm a correction, we can rebalance and then wait for the next wave. Apart from all that stuff, everything else is going very smoothly, we're past the quarter-finished mark and found a nice rhythm.

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