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.
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Basket of 15 Cryptos as of 04/03/2005
This past week has been a mixed bag. Our top 5 weighted tokens are all up over the week but the lower 10 are all down. I guess this would have been another red week if not for Trump's pump and dump.
You can see above that XRP and ADA have gone clear of everything else. These 2 cryptos should have a combined allocation of 20% but since we stopped rebalancing, today this is 43.25%. Would be awesome if smaller ALTs started to move, I mean with much smaller marketcaps, they "should" have a better chance to yield a better returns but it's not been the case so far.
While the whole market pumped the other day 10-15%, HIVE stand still and went sideways. Sadly when everything dumped 10-15% the next day, HIVE decided to join and drop with the rest of the market.
This leaves us with a higher HIVE book value for XV tokens, this week its 3.64 HIVE. Up 264% in terms of HIVE since launch.
We shot over 40k HIVE profit again where it's been floating for the past 9 months. The XV basket seen 9300 HIVE growth this week.
The dollar value also increased to $16,670 this week thanks mainly to ADA. Why did ADA pump so hard? I have no idea because nobody builts anything on it and the founder seems to spend his time arguing with AI troll bots on Twitter. Anyways, we're thankful and happy to be just under $10k profit.
Round-Up
Another week is gone and only 12 weeks remain. Alot can happen in 12 weeks, its looking less likely as each week passes but remember that HIVE was trading at $0.16 at the end of Nov and only 8 weeks later, it was trading for $0.68. Its a shame its tanked 75% since but it might come round again. Fingers crossed.
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Getting Rich Slowly from June 2019
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