HIVE token becomes lower and lower
HIVE token becomes lower and lower
2024. AUG. 20 (TUE) | Written by @jini-zzang
Today's Comment
Recently, HIVE token price is becoming lower and lower. Currently it is $0.1909. It was $0.5136 at March 15th this year. It was twice as high as STEEM, but it is about 1.1 times higher. What is happening to the token?
There are good decentralized applications based on HIVE blockchain. Many of them was on STEEM blockchain, but they moved to HIVE. Generally nice applications can increase the values of coins. However, they seem to be less effective now.
Moreover, HIVE coins are being burned by a witness day by day. Its daily volume is far more than STEEM. Is it no use to burn coins in order to keep their values? Or will it be effective later? I wonder its future.
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