Edging Towards 20k ZING Stake Amid Bearish Market

8 months ago(edited)

It's thrilling to see the staking APR for $ZING token rise to 23.85%. There is no better incentive to stake more ZING token than we presently have. The first hype and buzz season for the Holozing project has subsided and its time for true builders and long-term believers in the game to buy in.

The launch of the starter pack for Holozing game actually took longer than expected, hence, many seem to have withdrawn support for the game in the meantime. many who held /earned ZING tokens have dumped the market perhaps due to the pseudo-bull that happened a few weeks ago in order to take profits. Others are dumping ZING because their patience level has been overstretched and now we're seeing ZING at $0.002.

My observation is that ZING toke is bottoming in price and weak hands have given up. It is just the best time to buy some more cheap ZING to level up hour ZING holdings ahead of the game launch which is closer than ever. See what @Acidyp said in the Holozing Discord channel days ago.

we've adjusted the rewards for Liquidity Providers a bit to match up with the other APR's offered of Zing. We know we've been a bit quite lately but we'll be posting some updates in the beginning of this next week and revealing a new creature as well. Some things have been moving forward slower than expected while other things have been progressing nicely, we thank you for your patience and appreciate the tremendous support and hype continuing with our project and in the community even during these slower times. Thank you! - source

Obviously, the wait has been long but it is not forever. Holozing would again soon become the buzz of the Hive blockchain in this second quarter of 2024.

Moments ago, I bought 2039 ZING tokens and that brings my ZING token holdings to 18k. That is just 2k away from the short-term goal of 20k. So far, 16.2k ZING tokens are staked and I hope the prices can become more cheaper in the coming days before any more official announcement by the team so I can reach my goal and even go for more.

I bought 70% of ZING token holdings at the $0.006 price. That means, my portfolio is -300% down in worth. However, the best way to reduce my average cost per ZING is to buy more at this bottom price. I wish I can get 10k more ZING at this present price or less while this bearish market lasts.

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