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RE: What should you do in Splinterlands when everything in the Market turns RED?

in #spt3 years ago (edited)

I honestly think that the HIVE will drop from its actual price (1.1 USD) in about a week: probably a HUGE amount of Hive Power is currently being powered-down due the price mooning, and when the first batch of Liquid HIVE arrives, people will dump those to make a quick buck.

In the other hand, I don't think it's price will come back to the older values of around ~0.6 USD. The whole Hive network is expanding (mainly due Splinterlands), and thus it makes sense for the token price to increase over time.