I think every POB fan knows why the POB price dropped so sharply. Why does it not matter to me? let's look at the price analysis.
POB price analysis
From the data, there are only 72,032 POB tokens that are tradable. These liquid assets are spread to all the POB members. There are no big holders that have 9.48 POB liquid.
What caused the POB price to be dumped?
It is natural and logical why the price dropped sharply from 1.7 hive to 0.8 hive.
- A negative post from a big account in hive influences many small POB users. Users who are not real POB fans will sell their POB possessions. Most of them are only hashtag users in my analysis.
- A few of POB big accounts are powering down their stakes.
I will not mention who they are. You can check in the hive explorer. You can see a few supporters or authors on the POB front end who are powering down their stake. - The negative posts effect continue.
There will be more posts that talk negatively about POB. The posts will influence new users who want to invest their money on POB.
The trading volume is still above $941 daily.
All liquid POB is worth 72,032 x 1 hive = 72,032 hive. While the price of the hive is $0.303.It means that all liquid POB assets are worth $21,816. The market shares 4 % of tradable assets. From this position, the POB price will still be able to be dumped.
Purchase POB right now!!!
It is time to buy the POB now. If you want to increase your stake, it is time to buy POB and stake your power. How much do you need to buy? You should need to buy 1000 POB. With 1000 POB, your votes will be 1.3 POB. Your curation reward is about 0.62 per vote. How much do you need to buy 1000 POB?
The current price of POB is 1 hive so you need to prepare 1000 hive. Your POB value will be 0.303 x 1000 = $303.
ROI
If you upvote 10 posts daily, you will earn around 6.2 POB. You do not post articles or comments. You only earn it from curation. 30 days of curation work, you will earn 6,2 x 30 = 186 POB. 186 : 1000 = 0.186 or 18.6 % is the profit rate that you earn from curation work. 18.6 % monthly return is still the biggest profit. Aside from that, the POB token is a deflationary token based on the bitcoin model.It is a fixed number. There are only 21 million tokens.
BUY POB before bouncing
I am sure that the POB price will bounce back soon. The big holders will buy the tokens. Prices will be affected gradually.Small holders should see the dumping prices as an opportunity to accumulate power.
KEEP GROWING
We should keep the community growing. The growth of a community depends on the members. Hashtag users are not real members. They will not stake their POB token that they earn. From now, all stake holders should minimize upvoting hashtag users only. Vote for users who post from the front end of proofobrain.io.