Hello everyone ,
Let us discuss About the POB market and do a little rough analysis of the same.
So You must have noticed the ongoing downfall on hive-engine for POB market if you are active trading there.
The price for POB has seen a huge shift in less than 24 hours of time. And this downfall has been more effective because we have seen downfall for other Crypto Currencies as well including hive.
You might be knowing this that POB is traded with Hive pair only on the hive-engine and thats why hive is also strongly effecting it's price.
talking in dollars the price has almost seen around 30% of downfall and is currently trading between 0.5 to 0.6 hive per POB.
And again if you were active monitoring the market then you might be knowing that we saw POB trading at more than 1 hive and approx 0.9-1 hive most of the time in last fee days.
There have been a declination in price as you will see more and more sell order getting executed compared to buy orders.
what are your thoughts on the current situation of market , share them down in the comments. I would love to read people's view on the ongoing situation.
Thank You.
