Interesting, I think Hive is on a test to see which one of these two types of coins it is. And it makes sense because marketing (and the strength of all the community) was what brought Hive to be worth almost 1 USD. Thank you for sharing that video.
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From a marketing perspective, it is most certainly a degen. When it was on its way to $1 USD, it was benefitting from inadvertent marketing. Once that dried up, it went back down. Clearly, we need marketing.