Token velocity has a higher effect on price movement and stability during pumps than volume.
Remember when Steem had the highest total transactions per day. Even higher than Bitcoin and Ethereum combined and we were pumping to the heavens? I do.
Micro-blogging and using our HIVE upvotes more like 'likes', like 😅 we did back in the Steem Ages would create far more demand than everyone macro-blogging a couple times per day. It would benefit us all by increasing token velocity.
IMHO, we can’t compete against the likes of Twitter without higher—
img src: https://www.publish0x.com/investment/a-study-on-token-velocity-xzqodm
Thanks for reading 🙏🏽, I’m open to discussing the topic in the comments 🙂
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