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RE: HIVE Price and Why I Am Not Worried

in #hive26 days ago

The ecosystem can generate value several times the market capitalization of Hive. An ecosystem is useless if it's only flooded with useless Layer 2 tokens or if projects are solely focused on development funding. Instead of bringing money and value to the network, they take the development funds.

The Solana network is a prime example. What is the market capitalization of Jupiter, Orca, and Meteora tokens? These projects added value to the Solana ecosystem.

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This is why (or at least the main reason) the project needs value, more than price.

Many people are unable (or unsure) to differentiate between these things.