I think one reason is because of POB tokenomics since it follows BTC. As there isn't much supply out, the APR is still pretty high and the tokens per day will drop in the future.
I have no idea; I only post there. Maybe there was a lot of profit-taking. Or maybe someone just made a big sale of POB or a lot of little sales of POB. I don't know.
What gives each of these tokens value at all?
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-hive (the base token)
-investors (those who are buying the token)
-community (those actively using the platforms tied to these tokens)
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Try and go a bit deeper.
Not on what they do, but why they have value.
Why will people continue to always buy them?
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I can think of hundreds of use cases of Hive and Leo combined. ✌
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however the question is about POB lol
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I think one reason is because of POB tokenomics since it follows BTC. As there isn't much supply out, the APR is still pretty high and the tokens per day will drop in the future.
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I think there is not much rationale behind it asides from speculation. They are speculating based on the development and community behind the coin.
I am buying (and earning) pob and Leo because for those two reasons
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Maybe they need to go the route of outposts and start selling NFTs too...
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I have no idea; I only post there. Maybe there was a lot of profit-taking. Or maybe someone just made a big sale of POB or a lot of little sales of POB. I don't know.
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