(Charts by TradingView)
After several months of Hive price leading ahead of Steem, finally today Hive price has doubled Steem.
What causes Hive's price to far exceed Steem like this?
There is a theory that the price of Hive soared due to the HBD factor which has officially become a stablecoin.
But if you look at the price performance of HBD for the last 2-3 months, the price of HBD has never reached $1 USD. This shows that investors are not very interested in HBD.
Another theory is that Hive's price jumped high due to the Splinterlands game, which is an NFT card game on the Hive blockchain.
Splinterlands is said to be the most popular blockchain game today. Its daily users reached hundreds of thousands of people. And thousands of new users every day join Hive through this game.
This caused the demand for Hive to increase, and the price to soar.
Could it be that Steem also needs a game application like Splinterlands too so that the price increases like Hive?
Yes. Hive price is up because of Splinterlands …. SteemMonsters ….
Steem already has Splinterlands….
You can buy all your Splinterlands cards with Steem or TrON.
Oh i see .. So, even though Splinterlands is built on Hive blockchain, they accept other cryptocurrencies too like STEEM..
But STEEM price doesn't experience jump like HIVE.. 🤔
Yeah. Steemit does nothing to let people know they can play Splinterlands with Steem or Tron.
Just failed opportunity for Steemit. That’s all.
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