What tokens are you going to pick in Hive-Engine?

What tokens are you going to pick in Hive-Engine?

It has been a long time since I thought about the tokens in Hive-Engine as I have almost completed my all initial goals on the Hive tokens like CTP, NEOXAG, ONEUP, LEO, SPORTS, etc. Unfortunately, most of them are not there where they can be and failed to deliver that might entice you to have more stake in them, A Few of them crashed so badly that even a high stake in them is also meaningless. Their state prompted me not to go on chasing any of the Hive-Engine tokens and singly focus on my Hive Power. I did try to rebalance my Splinterlands position but selling a few of my untamed packs but the market is mostly dry for them. Even though I am not chasing any Hive-Engine tokens now but I am still logging in Hive-Engine daily and still dealing there. So what actually I am picking there or what tokens I am dealing with there?

Source

1. SPS

Saying SPS is a Hive-Engine token is a little wrong as SPS is listed on various exchanges including crypto.com and L-Bank. The governance token of Splinterland is my first pick because it is really trading at the bottom price and has nice staking and delegation rewards that make it APR as high as 25%. I am happy to say due to my continued focus, I have now reached my 300K SPS goal.

2. DEC

My approach with DEC is a little opposite, I am instead of accumulating it, I am selling it for SPS (and it is basically for SPS APR.) or Hive or GLX.
But the current price of DEC is just 67 cents per 1000 DEC, and accumulating DEC makes a great choice. Even DEC do not reach peg and just reaches 80 cents per 1000 DEC, you are still looking 20% profit here.

3. VOUCHER

Splinterlands team honored VOUCHER at 200 DEC per VOUCHER, that make it market value close to 13 cents but they are currently trading below 3 cents. Looks free money on the table? Maybe or maybe not, because it has only in-game utility and we do not know what value the team is going to set for VOUCHER in the future. May be we can take a calculated risk here, especially if you are a Splinterland player.

4. LEO

One of the hottest token and lot of ideas and team behind this token. I can say it is the most successful token in Hive-Engine (forget all SPlinterland tokens). I have already accumulated beyond my goal and still love to accumulate them but IMHO their activities in the chain is not match their token price. Some can consider it as a buy opportunity but I am not going to over-expose myself here as I am already well past my goal by having continued effort to accumulate LEO for last 3-4 years. Hold more than 14K LEO as of now and am pretty content with my stake.

5. BEE

This is one of the tokens that I am currently eyeing to raise my stake and I am monitoring its price. Look like BEE has a stable price. I do not see any official announcement of Hive second layer, so I see potential in this token that represents Hive's unofficial second layer. Not holding much of it as of now but I am definitely on a plan to have a good stake of BEE.

And if you have a risk for appetite.

6. GLX

The product backing the GLX token is pending for public launch, but if you put your bet based on Aggy's credential, then this is a dirt cheap token to accumulate now and coming days.

And if you are looking for investment tokens.

It does not mean whatever I shared and the tokens in my list are exhaustive and good. There are a lot of investment tokens and I feel BRO do stand out but having hand-burned on token like UTOPIS and APE, I am not exposing myself to any of them.

I hope you will also have your list based on your taste and the goals you are trying to accomplish, so please feel free to share it and show some love in this post in the form of reblogs, upvotes, and tips.

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