Hi!
Guys, how are you? I hope you're doing well.
The price of Hive has declined significantly. It even fell below the $0.04 level this year. From there, it reversed and climbed to around $0.06 last month. However, since then, it has started declining again. This time, it has dropped below the $0.05 level, which is not very encouraging for people like me who do not have much fund to invest.
I usually do a power-up on the first day of every month, and I am considering doing it again. However, I am a little skeptical about the future of this token. If this fall do not stop, Hive blockchain may one day not work properly as the witnesses might feel it is not worth it.
Of course, I do not have much to lose because I have only around 2,500 staked Hive tokens, which I think are worth no more than about $130. So, I'm just concerned about the future of this great platform.
What is your opinion on Hive? I honestly have no clear idea at the moment. Please let me know whether you think I should do a power-up next month or not. I look forward to hearing your suggestions.
Have a wonderful week ahead!