Anyone know why HIVE is dropping so much?

Words
94
Reading
1 min
Listen
Play
6y

Hive is worth significantly less than STEEM now

The price is of STEEM is $.15 while the price of HIVE is $.136.

The market caps are significantly further apart though due to the smaller supply of coins for HIVE.

Currently STEEM has a market cap of roughly $59 million while HIVE has a market cap of roughly $43 million:

image.png

(Source: https://coinmarketcap.com/)

Anyone know what is going on and why HIVE is so weak?

STEEM hasn't done much since the fork, but it has held up better than HIVE.

Any ideas why?

Anyone know why HIVE is dropping so much? | Ecency