It always seems that Crypto-powered social networks are always undervalued even though they provide far more utility than other cryptocurrencies. DeSo, Hive, and Blurt are all three great networks that provide users a platform to share ideas and content, but they are underperforming, in my opinion.
The way that I see it, they are undervalued because it allows people easy access to funds with minimal effort. There are established trade routes, centralized or decentralized, where users can readily sell their coins and tokens, which creates downward pressure.
DeSo can manage downward pressure better due to its distribution system. Validators earn the funds and distribute their earnings via donations. This creates a stronger bond and builds more trust toward its value. Hive and Blurt are far more disconnected and algorithmically driven. Although you can donate to each other on those two platforms, most people rely on algorithms to distribute tokens and coins—Blurt being the less advanced of the three.
This isn't inherently a bad thing, but this does suggest that utility isn't the primary driver of value for cryptocurrencies. At least not for social-media-focused cryptocurrencies. If sellers of these coins were firm on a value well above its current market value, I do not believe we would see drastic instability in its value. Yet, will the demand for the coin remain the same after a price hike? Let's find out.
Hold your coins, and don't sell. If you do sell, stagger the sales. Instead of making the sale in one day, do multiple minor sales throughout the week. Don't trigger panic in the markets.