LowSea Leasing Node update (15th of March 2021)
Spring is around the corner! These last two weeks we’ve seen an amazing run up in price. There’s been a bit of a retrace too, especially today, fueled by BTC retracing as well from it’s current ATH near 61k USD. The (LTO) retrace will give new people opportunity to jump into LTO more easily, which is good and should strengthen our levels for the next leg up later this month. Current ATH for LTO = 64 cent USD.
The DUSK & LTO network partnership was given some additional spotlight earlier this month. This partnership was already known, but the update is very welcome as the entire structure will bring new innovations to companies and further blockchain adoption in the corporate world. Check out the blog here: https://blog.ltonetwork.com/why-the-digital-share-registry-is-a-major-signal-for-blockchain-adoption-in-the-netherlands-2/
It was also announced that LTO Network launched on Binance Smartchain. Main reason is to get away from the extremely high ETH fees which make it totally useless to send small crypto amounts back and forth: https://blog.ltonetwork.com/how-to-swap-lto-bep2-to-lto-bep20/ with the integration LTO Network will be able to bring down their bridge transfer costs and there’s even some speculation going round that LTO might come to pancake swap, which would be a great new place for US people to buy LTO without the huge ETH gas fees.
Speaking about rumors: We’ve yet to see an official US exchange pop up. WHEN is the question on everyone’s mind, and when it arrives, will we actually see an explosion of LTO token price as the USA people can finally load up with ease on this precious gem we’ve been following since 2019? And what will it be? Kraken? Binance US? Or maybe even Coinbase?! Time will tell.
Other news I’m hoping to see in the second half of March is an update on the fishery boat project which LTO and VIDT started together. The blackbox technology is a very interesting one with the potential to track a lot of data across boats in the North Sea. There’s a review meeting planned this week, so hopefully we will get some cool information after that.
What we HAVE seen already is an increase in marketing power. From the low level social account growth giveaways, to the more high-level marketing companies like Gokhshtein Media. All arrows point to the US with these efforts and no matter what people will say (some like it, others don’t) we’ve seen a nice influx of followers on Twitter, Facebook and Reddit. Our movement is growing bigger and our momentum stronger, which is only good in my opinion!
That’s it! May the growth continue and check back in two weeks for another update!
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