You are viewing a single comment's thread from:

RE: Hive Financial Statistics – 2024.10

in Hive Statistics24 days ago

The fluctuations in the supply charts are common in decentralized blockchain systems, where supply dynamics are influenced by various factors such as market demand, user activity, and economic incentives.

Sort:  

But how does this factors affect hive in anyway is it that hivers witdraw most of their hive tokens or aint doing much hive activities no more that is why price is going down?

If more people are selling than buying, it can drive the price down. Additionally, if there's less activity or engagement on the platform, it might affect demand.

Hmmm i see, very well understood