Hive has boomed passed $0.40 cents within the last 24 hours and there will likely be a correction soon bringing the value down to $0.38-0.42. This is creating a great opportunity for holders of Hive while also serving as a benefit for curators to earn more from rewards. With this comes the possibility that Blurt may see a similar climb of 4% or more within a few days or weeks.
The value of Blurt is mostly affected by the volumes of two cryptocurrencies. On most market capitalization recording websites, the value will be determined by the Blurt/BTC exchanges. Blurt tends to have higher volume in this pair than Blurt/Litecoin and others. On decentralized exchanges, like those available in the Hive ecosystem, it's most influential pair with consistent volume would be the Blurt/Hive pair.
Blurts relative value is considerably lower than Hive with a devoted community, however, since the Bitcoin-Blurt pair is considerably competitive, the value of Blurt may struggle to rise due to drastic value differences between each satoshi. However, if there is enough enthusiasm within the Hive-Blurt pair, there may be some opportunities for Blurt to rise from just a few Bitcoin Satoshis'.
The potential is there if people decide to hold Blurt for a few days. If sale supply is cut on the books in exchanges, and demand remains stagnant or increases, it will likely translate to a value increase in Blurt.
Personally, I'm not selling any of my Blurt anytime soon but I am increasing my holdings by make dust trades. What do you guys think about Blurts value against BTC, Hive or the USD?