You're not wrong. This is exactly why altcoins in general have been falling against BTC since 2021. No one has any faith in them anymore. There are so many scams and rugpulls. People are tired and just want to invest in the safer Bitcoin.
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That's absolutely true. I've been investing beyond Hive, practically only in BTC as well. I have a little bit of SOL, but it's peanuts. My main asset is Hive itself.