Is it possible that Hive will improve its Market Cap?

in Freewriters5 months ago

Waiting for the time to come Hive coin steps up in the market.

It is not impossible but also not something that seems difficult to crawl up to improve the value of global vessels. Currently Hive is still in position #279 on the Market Cap Rank. It is said to be sad, actually not too sad because there are still many coins that are in the same fate as Hive.

Hive's ATH was highest at around $3.41 on November 26, 2021, while Hive's ATL was at $0.087309 in April 2020 based on data reports from Coingecho. This means that it has decreased in price based on the current price by -89% and has increased by +313%.

The question is, is it possible that Hive will improve its Market Cap?

Judging from the Hive community, it is a fairly solid community and arguably many supporters. But unfortunately, developers and communities do not synergize well. And it feels like the systematics problem is no longer running as well and correctly as before. Many neglect the problem of responsibility that is ignored by some parties.

Systematics such as votes, curators, or others are like dead even though they are canceled alive. Indeed, the virtues of Hive are taken from the existence of many bloggers who have Power but are no longer in accordance with the conditions in which the Power was created. And an indication of the lure of rotation from the existence of Hive Power is expected to maintain and stabilize the existence of Hive until now. But unfortunately, the market is quiet and the existence of buying and selling places is increasingly rare. So that makes Hive increasingly not seen by many people, both users and investors.

Broadly speaking, Hive is just a collection of old users who are waiting for a significant increase but unfortunately do not have a buzz or updates that are worth considering following the current progress of the times. Everything is still a lot stagnant and not even running.

The conclusion if this is how Hive goes, it seems like it will be at the point where this coin will be ignored by many people. And the unwillingness to keep up with developments will slowly kill this community.