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How much worth HIVE token?

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d-silva
@d-silva
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2 min read

The fall of alt coins can scare many people, this is not a problem of some fundamentality of these cryptocurrencies, but because all alt coins were linked to bitcoin on exchanges.

Let me explain better what happens, bitcoin starts to fall on the dollar, then people start to see the price of their coins devalue and start to migrate to stable coins so as not to lose USD, but this generates panic and leverages the fall still most.

What's the solution?

The solution is to become bitcoin for other cryptocurrencies, such as @aggroed is doing the hive-engine and now with Diesel Pools. By pegging other currencies to HIVE, it makes it more resistant to falling and market manipulation.

Currently liquidity is very low compared to exchanges, so hive will continue to be under pressure from bitcoin. Perhaps when they add incitive liquidity, the hive will become stronger and more resilient.

After all, how many is each hive token worth? 1 HIVE = 1 HIVE

No more no less.

HIVE:

CoinMarketCap Stats: 12,872 watchlists Hivedapps: 10100 Daily Active Users, 20770 Monthly Active Users
23 February.

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