I look at the Hunt token today and it has lost around 60 percent since it's launch. I don't think that is a bad result really as I have seen other coins and tokens go down to virtually nothing.I must admit the Daybit exchange is small and the volumes they are trading has gone down to a trickle lately.
The Steemhunt team has protected the value to some degree by stopping a major sell off protecting their investors and active token holders on the site. This I feel was a smart move and one which should benefit their loyal customers and supporters in the long run.
Steemhunt is a very healthy ecosystem and a well run business. Being just over a year old they have come a long way from the early days. I must admit I was skeptical in the beginning as I didn't understand the set up and where it was leading to.i am now on there regularly and enjoy looking at the new products showing me what is coming.
With nearly 63000 products reviewed since it's inception in March last year and getting stronger each month. The site has a strong yet loyal community behind them and I am sure other apps must be looking on in envy.
If you didn't see their post the other day things are moving rapidly for the launch of reviewhunt. This is going to be massive for the Hunt team and for the Steem block chain.There are now 70 companies that have signed up and with a marketing budget close to $600 000 it will be interesting to see what transpires.$7.2 Million Dollars is close to 18 million Steem and that if it filters through Hunt tokens will surely raise the price.
With something else up their sleeve for the 4 th quarter of this year, anyone involved and active with the site should have exciting times ahead.If you aren't part of @steemhunt yet I suggest you start getting involved soon as fun times are around the corner.