Those were heady times when Steem was doing well, but the opportunity was squandered and so we are in the 'also ran' rankings, for now. $Hive has been up near 80c today and passed Steem for a moment. We know where the real value is, but what will persuade more people to join and invest?
I am no investor, but I think some of the top coins are over-valued for what they actually do. No way should Dogecoin be so high and even Bitcoin may be just a bubble. How many actually do anything with it apart from speculate? Meanwhile many of us are using $Hive every day.
I'm happy to see us back in the top 200, but getting higher will not be easy. We have to earn it.
It's funny to think back sometimes. Especially in crypto where 1 year seems to contain 10 years worth of price movements and market cycles.
I mostly share this to try and keep some perspective and to not allow the expectations to slip just because we've grown used to seeing us at a certain market cap and price point. We should demand so much more of ourselves imo.
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