People are spending a lot of time thinking about the internal dynamics of Hive. But tbh, to some extent I think we just have to accept that Hive will rise significantly along with everything else when the bull run properly kicks into gear. Still so much correlation in the market as a whole.
We'll probably look back at this price as a blessing this time next year. Hive will be up (along with everything else - good coins and shitcoins.
That being said, focusing specifically on Hive, I'm a big fan of deflationary effects. Some kind of burn mechanism, driven by advertising or something else, would be cool. There needs to be plenty of reasons to HODL HP as well.
You're probably right. But what percentage of coins went up in each market cap range during the last bull run should be studied in more detail.
Posted Using LeoFinance Beta