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๐Ÿ”ฅ #Bitcoin Dumps to $54k - $Hive holding nicely at $2.6 - $Bitcoin vs $Hive Dominance โฌ†๏ธ 51% ๐Ÿš€ #leofinance #splintertalk #oneup

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Bitcoin tries for $60k and Dumps as the Bears take profits โฌ‡๏ธ

$Hive barely affected...

With any #bitcoin dump the Altcoins tend to take a knock, often dumping (losing value as people sell their shares) more than Bitcoin itself.

However, sometimes the value of an Altcoin is thought to be undervalued in the market with people actually selling out Bitcoin and other Alts to invest in that crypto.

That is exactly what is happening with the #hivechain and $Hive token right now, as investors are starting to catch on that games are being built and dApps developed every day on the HIVEchain.

'Use Case' seems to be winning the #altcoin battle these days.

Compare the $Hive chart with the much hyped Cardano ($ADA) Graphs โฌ‡๏ธ

2021 : $ADA was one of the first hyped up, new age, Layer-3 Altcoins destined for greatness (and invested in so heavily by the public that it was ranked as the 3rd highest market cap coin for a month or two) it has unfortunately not been of much use in dApp development.

There is news that #cardano is pushing into Africa [Google 'Cardano Ethiopia'] so their plan is probably more of a long term one: looking to integrate themselves into emerging economies BEFORE creating their ecosystem. $ADA is still a great long term investment in my opinion โฌ‡๏ธ

But right now #thgaming is mostly investing (spreading) in the #hivechain and #waxchain : two crypto ecosystems with an incredible amount of dApps being built on them & millions of NFTs being traded on them every single day.

The END

This post was written by @jim-crypto


Hodl or Flip?

Splinterlands has been offering Presale tickets for the new #chaoslegion packs about to be released into the market. Presale tickets guarantee you the ability to buy


Have fun and good luck! If you would like to join #thgaming and explore the #metaverse with us : our discord link will be at the bottom of this post ๐Ÿš€

๐Ÿ”น

THE REAL END




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