HIVE - 400% Down in 30 days - HYPE OVER

HIVE - 400% Down in 30 days - HYPE OVER


Looking at the charts today, and 1 token is down 400% while almost the entire crypto market is up.

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Exactly 30 days ago, Hive was at his all-time high after a pump and dump scheme (12000 Satoshi). This pump was likely the cause of Hive Witnesses who wanted to cash in on their FREE airdropped HIVE token. Many users of the blog website, where Hive is built on, are questioning the honesty of their, by staked voting, selected witnesses.

Now, the past 30 days HIVE was in a bear market, while almost the entire crypto market is showing lots of strength, this token doesn't.

Investors are not going for the recently hyped blockchain HIVE, which was 100% a copy of the mother blockchain Steem. Steem, now over 4 years old, is with biggest Investor Justin Sun dominant over the small sister chain. What we hear in investing communities, is that real investors will never invest in a sustained blockchain. And that the inflation caused by the immense milking from the stakeholders, will result in a pretty worthless token. A 400% decline in price since its launch, that must tell a lot! 

 

 

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Don Defi
Don Defi

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