CENT is a token to keep an eye on. It's a token whose goal is to be valued at $0.01 and is consistently aiming towards that goal. Because of market conditions and low HIVE price, CENT is extremely undervalued at about $0.0005.
Massively Undervalued
Because CENT token is so undervalued, you can purchase $100.00 worth (theoretical value) of CENT for only 28 HIVE (under $5.00 USD). It would be like selling HIVE for about $3.57 each! Again, this is based on the future goal value of CENT being $0.01 USD each.
Will CENT ever be $0.01 USD? Looking at everything CENT token is doing, I see signs that it is quite possible, even likely. But that's only my opinion and I could be wrong. But there are a number of things CENT token community is doing RIGHT.
Liquidity Pools
CENT has a variety of liquidity pools, six active pools in all. You can swap CENT token for/to SWAP.BTC, SWAP.HBD, SWAP.HIVE, POB, LEO and BEE. Very few tokens have this diverse of swap options, which stabilizes the price. This means that if/when CENT reaches it's goal of $0.01 USD, it will remain at that value securely.
By using these swapping pools, you can acquire CENT token by trading any of the above tokens. You can also aquire any of these tokens by earning CENT tokens, using the #CENT tag on your posts. It was also announced that #leofinance will earn CENT tokens now, so there will be more tokens in people's wallets.
By adding liquidity to any of these pools, you also earn daily rewards with a very good APR.
Threads
By adding #leofinance to the CENT taglist, every thread that gets upvoted by someone with stake in CENT token, will receive CENT rewards for the post. This is exciting news, as there is a very active community who is passionate about threads.
By having more CENT in more wallets, means more buying/selling/swapping and awareness of the token. This increased awareness and trading will alert more people to the extremely low price to purchase CENT token.
Powerup Bonus
Every 10th of the month is CENT Power Up Day. This is the opportunity to power up CENT token and receive a 3x bonus delegation for a month. There are also other bonuses and rewards to go along with it.
Details about this month's CENT powerup day can be read about here.
Powering up 10,000 CENT
I purchased 10K CENT from the market (half swapping and half on the market) and staked them to my account.
Proof of stake:
This increased stake allows for better CENT upvotes, but in this instance, I delegated 10K to @centtoken for weekly HBD dividends.
Thankfully, I'll still have 30K voting power as a return delegation for this promotion. Win, win win!
Question is, do you want to win also?
Bless the Most High!
Teach Your Children Liberty from Sin
We encourage parents to teach their children principles of Godliness, beginning with the Word and an understanding who God is and what His Son has done to form a relationship with us.
No one can lay a foundation other than the one already laid, which is Jesus Christ. If anyone builds on this foundation using gold, silver, precious stones, wood, hay, or straw, his workmanship will be evident, because the Day will bring it to light. It will be revealed with fire, and the fire will prove the quality of each man’s work. 1 Corinthians 3:11-13
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