Market Movement for Zing token

Hello friends,

I am doing good, and I hope that you are having a good time with your near and dear ones.

Holozing is a brand new web3 game coming on Hive. This gaming project has gotten more attention by the community in a short period. I have been trying to keep track on the token price because I am more focused on buying the token from the market. There is a reason why I am doing this because I do not have more HP and this is why earning through delegation is not a good option for me. Those who have a big amount of HP can delegate and earn a big chunk of tokens every day but sadly I don't have this.

There is always a second option we lookout for and this second option for me is to buy the token from the market. I expect some people will be selling off their total in the market since they had earned it through different ways in the game. Probably they'll be selling these tokens at low prices because as of now it is hard to say what is the fair value for the token. When they will be selling the token in the market it is my time to buy some and build a holding in the game. We have done it already and we will continue to do this from time to time.

Looking at this chart we can see that the price is now up and looks like it is getting a good move now. Although it can be a calculative prediction but not always correct however looking at the chart momentum seems like things are getting up. You never know if the price for the zinc is going to be up now and the time for the discounted buying is over. Again we cannot say what is going to happen because the exact prediction is never possible in the market.

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I tried to track the market price and overall moment because sometimes I see that there are more people who are selling the token. Trade history is the better place to see the overall sediment and here is what I share from the order book. We can see that the majority of people are buying the token and very few are selling. This is a clear cut that the token is going to grow in price. Even on the trade history, we can see how the price has gone up from 0.014 hive to 0.026 hive. This is a nice price appreciation I can say and this has happened in just one day.

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I believe everyone has different methods to follow in the market and I have my method to check whether it is the right time not to buy. I'm not an expert but I still believe that the token is available at a low price. I can buy it now whatever I want to but as a buyer I prefer to understand the market sentiment before I go for the buy. Also I think why should I buy at higher price if I can get it for a little low and this will give me some more tokens. After all, it is a good time when I can get more tokens for the same price why should I miss this opportunity and why shouldn't I make the most of this available buying opportunity in the market? The game launch date has not been announced and I think it is going to take some time so this can be a good gap that can be considered as an opportunity for the community to build a better token holding.

What I think is my thought and maybe I can be right or wrong I don't know but what I believe is that because the game is getting more attention from the community. The weekly update clearly shows that more people are coming to the game and it is a good sign. I think it's worth getting started with the game and trying to build more.

Thank you
Peace @mukund123

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