Crypto Winter is upon us and it's not looking too good for Hive. Blurt is holding it's value a bit better than Hive which has been very volatile lately.
Hive's value has been falling lately due to an abundance of supply and with slumping with support. Hive's value against the USD is $0.347, it has fallen around 4% in just the last 24 hours. The cryptocurrency market as a whole still has not recovered yet after the fall of FTX and the scandals that surround it.
Blurt is trying to keep its position around 0.0095 Hive - 0.01 HIVE, and I'm optimistic that Blurt will rise against Hive. The fluctuation of the Blurt value in USD isn't exactly a perfect track; there are no high volume trades happening with any US Dollar backed Stable Currencies. The two major markets of Blurt are heavily reliant on it's trade against Bitcoin and Hive (Hive-engine), although BBlurt on BSC has been making some moves. My prediction range of Blurt is still remaining relatively the same. I value Blurt at around 0.012 Hive, however a more practical range is 0.0105 HIVE - 0.012 HIVE.
I'm still making some small incremental purchases of hive around 0.01 Hive on Hive-Engine.
Hive is way down but it will go up when the market goes up. I think the recent ATH was like $3 but it might take more than a year to reach that price back.