Hi everyone,
With the recent Bitcoin dumps happening, all cryptocurrency from other blockchains also experienced dumps and that also includes Hive.
However, interestingly, Hive still manages to retain its price at the viccinity of $2 - $2.1. Let's just hope that the market bounce back before the end of the year or better still before Christmas.
That said, another interesting area to look at is the increasing vote value.
Your upvotes is worth much more
Vote value as we know changes significantly with the price of Hive. Thus, the higher the price, the bigger upvotes value you will get. Concurrently, the lower the price then the upvotes value will be smaller.
Taking example of my vote value, it also has increase around 100% (if my math is correct) from my previous vote value.
Looking at the price of Hive still at around $2, hence it is safe to say that you will get a bigger upvotes value.
Just imagine if the price of Hive increased?
Yup! More profit!
While we cannot entirely too dependant on this, but at the end of the day, the quality content still plays the major rule in this era.
Have a good day!