Hive havent had a good bull run cycle, it was possible it could go to this point specially with the rest of ther market crashing, the fundamentals are still there although there are many other aspects that keep buyers away, long term I personally see future in it although many things need to change
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What about lack of demand from the general public? What can be done to increase it?
sorry not something I can answer Im not a makerting guy but what I can comment is crypto moves around money and there is not big money on Hive to make by publishing blog posts, for Hive to be relevant not only requires huge marketing or as every other crypto that stays relevant is because either was the first at its niche or has been innovating constantly, Hive is still young but not mutch of any of this points, Im just a user here trying to make what I can, stay active in the network and accumulate 🤷
At this point not much. People have left on mass past year and most are furious at the DHF waste among other things. When we hit .05 cents next 18 months I hope it wakes people up! I love Hive, but we gotta be honest, obviously it’s going to go much lower when the crypto’s that has bull run finally go bear.
Honestly, maybe a full on rebrand. But the witnesses & devs don’t seem interested unfortunately.
It didn’t just not have a good bull market. It had a full on bear cycle while Bitcoin went from 15K to 126K this cycle. Hive was at a bear 2022 bottom of .26 cents when Bitcoin bottomed at 15K & ETH was $995. It’s way worse than just having a lesser bull run, Hive has been in a full on bear cycle while others had the usual bull.
It’s very obvious Hive will go lower during Bitcoin bear cycle next 18 months. Probably a lot lower. Things need to change indeed!