That is also where a lot of the selling pressure comes from. And I do not blame them, If I could pay my rent with battle rewards and go eat in a good restaurant with my blogpost rewards I would do it too. We desperately need new strong purchasing power in all aspects of the HIVE economy.
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I didn't even think of it from that perspective - thanks for that.
But I am sure the offramp of hive from blogging rewards is also quite the flow...Check where your opponents in Splinterlands send their tokens to a lot of value is leaving the ecosystem. Offramps: SPS to crypto.com SPS swapped on UNISWAP, sps and DEC swapped for swap hive and withdrawn from tribaldex then sent to Binance @binance-hot on hive and its gone... sold on the exchange and spent on groceries. Selling pressure on all sorts of tokens frome HIVE to DEC and SPS
the numbers may be wrong, but if 20% from userbase are just selling - its puts huge pressure on the game.
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