'The whales' are doing us all a favor by keeping the price as low as they do, imo.
It could very well be much higher, but instead they add sell pressure using the dao and supporting mostly worth less content creators.
Those 'worth less' creators sell it back to the folks trying to support the price before it hits a rational buy price.
Very astute on their part, iyam.
With the price to power ratio not being a rational buy until the price is under a dime, I'm all for this plan.
'The whales' get more for their hive than it's currently worth, and the restivus get to buy in at a not so terribly overinflated price.
If you don't like how the hive is managed, powerup more hive.™
Advertising will not bring in more people that stick.
It will bring in people that will, at some point, look around and realize that they don't have a snowball's chance in hell at ever acquiring real power in the hive.
This rules out any 'smart money' managers, they did the math and moved on.
In the hive's defense, things are much better than before the fork, and we are in a holding pattern for vsc before any new appraisals make sense.
Maybe once that is operational we can entice some of the 'smart money' folks to give us another look.
It's hard to beat obi and no fees.