After listening to you talk about Hive and the DHF, I looked up the Steem price to compare, as Steem doesn't have a Fund that it doles out, and they haven't done any development since they reduced the power-down period to 4 weeks, four years ago. Steem just runs on autopilot (like Doge).
Anyway, Steem is at 21 cents, up 14.3% over a month, and up 8% over the week.
So, very similar performance to Hive.
It indicates that power-down periods and development funds arn't having much effect. Neither is interest on savings (Hive pays 15%, Steem doesn't pay anything). Neither is the value of the Hive/Steem dollar (HBD is pegged at $1, SDB price is set by the market and is currently $3).
I think maybe the key thing affecting them both is that both have the bulk of their coins on the South Korean exchanges, which are undergoing regulatory changes. I think someone (dalz?) said 70% of Hive coins are on South Korean exchanges - a legacy from before the Hive fork.
It's not ideal as there are not many Koreans on Hive, and non-Koreans have no access to the Korean exchanges. Am not sure how you'd get those coins to shift to Binance.
RE: 11/20/24 📉 Mid-Week Wednesday Morning Market Vlog 🎙️