Been a rough week (and month) for crypto, but BLURT has fared better than most, while sister token HIVE is crumbling dramatically. During Friday's crypto correction, HIVE dropped to its all-time low of 9 cents. It is currently trying to recapture the 15 cent level, a price it last saw in January 2021.
BLURT is down 11% over the past quarter. HIVE is down 34%.
BLURT is down 5% this week. HIVE is down 21%.
And as I've been reporting, this has been going on all year!
A nonstop rotation from HIVE into BLURT, month after month after month! But it has really accelerated over the past few days.
Themarkymark's Downvote Palace is crumbling to dust. The whales are powering down and selling in waves.
This post will be blasted to smithereens on HIVE, as hundreds of my posts have been in the last few years. But it's still true.
See you on Blurt!
DRutter
It’s tough watching things slip and #hive drop is serious and these markets don’t forgive easily but I also believe there is space still to find resilience, to adapt, to rebuild. Thank you for sharing
Hive can go much lower it's only a few people holding it up really 😂
@steevc knows them all 😂😂😂