After crunching some data from the Hive-Engine API, the plot below suggest that POB is going in the opposite direction of Hive.
Sometime around June 2021, both tokens were on par. Then Hive grew so much in comparison with POB. If at that point, I converted my POB to HIVE, I would have ridden it the way up.
Now, close to the end of the year, assuming I have some funds to deploy, do I think POB will move up to close the gap with HIVE?
Going by the longer trend lines, I don't think so. I am more bullish for Hive than for POB.
But the recent spike in Hive also corresponded to a hike POB.
Furthermore, in recent weeks, while Hive seems to be going sideways, the last bit of the POB data points veer north.
So a dollar invested in POB could see an upside, while HIVE corrects.
The interesting thing to look out for is whether the next spike in Hive would bring POB up like the last time?
P/S: Data points may be inaccurate. So do not rely on this for your investment decision.