You make good points!
Yeah looking out at 12 month charts Steem is doing 15% better than Hive (both down on year chart but steem less). Which like u I agree Steem is just a chain with no real talent in chain activity like we have. Steem actually looked 25% better util this lil pump recently on Hive. It tells me there’s something sucking some value out of Hive in addition to this cycle being different then 2021 & 2017 where bitcoin is well beyond its ATH & besides a handful of winners 90% plus of Alts are nowhere near 2021 highs. Hive at .23 cents from $3.34 high. ETH well below $4900 high sitting at $3100. I believe this cycle is not everything go up like the past. I think many cryptos will move higher than today, but I think most don’t touch the 2021 ATH’s. I’ve been saying this for a year and most people telling me I’m crazy 😂