Riding the Bull: Zing Project's Meteoric Rise

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    asgharali

    Published on Feb 12, 2024
    About :

    "Zing project" is the new project which has got the best support so far and got 4M #hive delegation in a very short time. This is enough for the success of this project. And so many Zing tokens are staked together which is another success of this project.

    Because this project is a new launch project and to get so much success in such a short time is commendable. If we talk about the price of #Zing token, its price is $0.005 which is quite undervalued.

    Note that it's price has fluctuated a lot, as I've shown in #hiveengine's price chart, its all-time high was $0.06 on November 20, 2023.

    But today's date is only $0.005 which would be the best time to buy it. A good thing is that the HP Delegation APR has come down to current giving 24% APR.

    Meaning if you delegate your #hive then you will also get 24% APR in return. In my experience #zing token will go up when its APR drops further.

    This means that users will get less tokens against delegation and more people will be forced to buy. I feel like the #zing token will go higher in this bull run.

    Remember that every successful project has a great bull run like we saw at #hive. In the recent bull run that passed we noted that #hive reached its all-time high at $3.5.

    A similar case I think will happen with the $Zing token. It seems to me that the price of Zing will definitely go down to at least $0.04 in this bull run. Which is about 9X to 10X gain.

    Also, the value of this token will depend on the gaming. It depends on when the #HoloZing game will launch and what kind of game it will be.

    If a game becomes successful and attracts a lot of users, its price will go up a lot. May even reach the price of #hive and find a good support for the price of #hive.

    That's why in my view it is wise to invest in this token. For now is the best time to buy because the price is so low. But remember this is my analysis and you should do your research and be well informed before buying one.

    This is my attempt to update you guys on the #HoloZing project, and also discuss what the possible movements of the #Zing token will be. Hope the post is interesting.

    I hope this post is educational and informative. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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