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RE: What Do You Know?

in LeoFinance4 days ago

$335K USD worth of Hive is printed anew each day, but it looks like $100M worth of Hive is traded every 24 hours...

It isn't a daily pool. I think the emissions are about 25 million per year. It is constantly filling and emptying simultaneously. But, yeah, a lot is traded in volume! I suspect mostly Korean accounts wash trading on Bithumb. Binance has gone past it though since the release of the future market I think.

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Oh interesting... I just assumed it was a daily pool but it makes more sense to really be per block. 25 mil divided by 365 days is about 68K Hive which is $34K USD.

Also... while looking that up, I saw this...

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I assume someone reading your post decided to invest heavily in Hive today.

Hive/KRW on Upbit jumped 150M in trading between my screenshots:

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