HIVE Drops While Steem Pumps - Die Hard Steemians?

in LeoFinance5 years ago

20200427_173036.jpg

Perhaps you noticed the leveling off of HIVE today but did you catch Steem? It went from around .18 up past that .21 you see in the image.

My first thought was, "are the die hard Steemians finally catching on"??

The images I'm using are all screenshots taken minutes ago from Blockfolio. Take a look at the 3 day HIVE chart.

20200427_173836.jpg

See the gradual drop-down from over .90 and still in the green at .57 +. Now take a look at the 1 day Steem chart.

Screenshot_20200427172624_Blockfolio.jpg

Earlier today it jumped to about .25 before settling back down a bit.

So what gives? Did Tron throw developers over to Steem? Massive exchanges from HIVE to Steem is all I can really think of.

It is possible to see the charts of different exchanges on Blockfolio. All the images above show a global average.

There is some HIVE action from Binance listed. See below.

Screenshot_20200427174804_Blockfolio.jpg

Steem seems to show the same chart across several exchanges that I checked. Perhaps we'll get the answer from one with better analytical skills than I.

At any rate, it sure will be interesting to watch (and participate in) what goes on in the markets during the next couple of weeks.

Never a boring day....

Happy Hiveing!!!

social_hive_revolution_dark.jpg

Sort:  

Let's hope Steem pumps! I have some tokens to trade 😊🎶🌊

Lol. I'm powering down my remaining Steem. Let's hope so. 😎

🐃❤🙏🎶 WOOT

Binance today started trading Hive and does not allow for withdrawals or depositing of the hive currency, it only trades with hive holders on the exchange. What he is saying is if you want to sell Hive, I pay you less than the rest of the exchanges, will it be in support of Justin and his steem coin?

I leave you my post about the price of Hive

Captura de pantalla 2020-04-27 a las 10.44.53 p.m..png

Good post
I give you my vote

That's interesting that Binance is not allowing sales, just trading. Thanks for the insight.

Not new to crypto but I'm new to Hive and just now doing my research on the coin itself. We're in for exciting times for sure. Thank you for your post.

Thank you and welcome aboard! I'm new to HIVE too....but then again we all are. 😀 Just picking it back up after hiatus from Steemit.

Thank you! Yes, new platform but it's amazing that there's so much interaction already. And people are so nice, that is always a plus :)

It's an attempted "echo pump" but it's a pretty epic fail.

Sometimes similar cryptos will mimic each others price action but since the HIVE pump was triggered by the Huobi promotion there is no real reason for STEEM to pump alongside it even though it's using identical tech.

Fail for sure. They made it to .25 which isn't anywhere near the HIVE jump. Thanks for your comment. 😀