Steemit vs Hive Price & Volume Comparison

in Steem Sri Lanka5 months ago

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Hi,

Here is the Weekly Analysis Report Regarding Steem Price and the Trading Volume in last week.

I don’t think to go into more detail. Since the Hive Platform is a split of Steemit and that platform is also going well, I thought it’s good to have a comparison between trading volumes in both Platforms also.

First, let’s Look into the Price variation of Steem & Hive Last week.

Steem Price Variation Within Last Week

DateOpenClose
3/29/2024$0.344N/A
3/28/2024$0.333$0.344
3/27/2024$0.345$0.333
3/26/2024$0.335$0.345
3/25/2024$0.324$0.335
3/24/2024$0.298$0.324
3/23/2024$0.293$0.298
3/22/2024$0.302$0.293

Hive Price Variation Within Last Week

DateOpenClose
3/29/2024$0.440N/A
3/28/2024$0.440$0.440
3/27/2024$0.438$0.440
3/26/2024$0.414$0.438
3/25/2024$0.397$0.414
3/24/2024$0.385$0.397
3/23/2024$0.376$0.385
3/22/2024$0.390$0.376

So, let’s see this data through a Graph. (For the graph, I will use the Open Prices of Both coins)

image.png

Now Let’s Move into the trading volumes of Each coin within the last week.

Steem Trading Volume Variation Within Last Week

DateTrading Volume
3/29/2024$5,784,895
3/28/2024$7,651,106
3/27/2024$6,875,270
3/26/2024$23,663,345
3/25/2024$11,278,356
3/24/2024$3,215,398
3/23/2024$4,886,467
3/22/2024$7,591,675

Hive Trading Volume Variation Within Last Week

DateVolume
3/29/2024$3,515,292
3/28/2024$7,913,924
3/27/2024$4,183,075
3/26/2024$3,827,321
3/25/2024$2,300,242
3/24/2024$2,711,316
3/23/2024$4,775,071
3/22/2024$4,095,617

Now for comparison, Let’s See these data from a chart.

image.png

Thank You.

Sort:  

Could be useful to show a ratio of Hive : STEEM to see how that is varying and if STEEM is closing in on Hive.

Sure. I will add it from next week.

Upvoted! Thank you for supporting witness @jswit.

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