Hive is Alive at $2.05!

in Ecency2 years ago (edited)

Well that escalated quickly!

Seems the market is finally paying attention to the fact that Hive (mainly via Splinterlands) constitutes fully 1/6th of all daily user active wallets (UAW) in the whole blockchain industry!

Yes. You read that right. According to this report from
DappRadar, Splinterlands is 245,000 UAWs out of the whole industry’s 1.5 million UAWs.

https://dappradar.com/blog/bga-blockchain-game-report-q3-2021

UAW is a similar measure to DAU (daily active users) which is the measurement stick for all online platforms.
Indeed it’s the only one that really counts. Facebook and Google live or die by this metric - it’s all over their annual reports that I’ve poured through.

Valuation will follow user base so I think Hive has a long way to run.

$100 Hive is a real possibility.

img_4739.png

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$100 Hive is a real possibility.

I would expect at least it stabilizes above 5$ for now. Let's see.

Very good. In BTC terms we are still far behind the ATH (11757 Satoshis, right now we are at 1900 satoshis per unit).

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