STEEM Token moves are mainly driven by corporate moves of Steemit inc., you can't compare that with HIVE, which reflects the people's actions.
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STEEM Token moves are mainly driven by corporate moves of Steemit inc., you can't compare that with HIVE, which reflects the people's actions.
Do you have any evidence of the above statement? More LEO tokens are powered up than Hive in terms of percentage. Is it coincidental that LEO also has 4 weeks power down period? I'll be glad to read your thoughts. Cheers!
I have read that Steemit inc. is mobilizing its assets around two months ago. They move around tens of millions of liquid STEEM to redistribute and synthetically increase the STEEM price. I will not waste time digging deeper, you can use the Explorer yourself and follow the STEEM transfers from and to their main wallets.