Hive-Engine Token Movements
An update to the different Hive-Engine tokens and their movement over the last week. Hive has seen a downward trail and is trading at it's lowest price so this will have a flow-on effect to the layer 2 tokens in $ terms as well.
$SPT
The splintertalk.io token is used to curate Splinterlands content and has no real use at the moment other than as a curation token. It's price has seen a slight increase and some small spikes that are easily manipulated by buyers and sellers.
If a use case is made I am sure the price will increase. Currently trading at: 0.00191121 HIVE / $0.00022
$BLURT
This is the token of an alternative blogging platform to #HIVE. With low liquidity, the Blurt platform is finding some popularity and hence the token price has been on an upward trajectory. Current Price: 0.19 HIVE / $0.02166
$LEO
$LEO has been a stayer and held relatively stable. With the second highest trade volume of all HE tokens it continues to provide good value. Current Price: 1.438 HIVE / $0.164
$PAL
The Palnet token has been fairly steady with some largish wicks. Volume has stagnated with the team looking at a use-case for the token in the future. Current Price: 0.04300001 HIVE / $0.00482
$WEED
The token of the WeedCash community has been holding up well in price. A few weeks ago saw a jump to it's current price level and this has been maintained. The community is thriving and continues to build upon it's current progress and has a roadmap for upcoming initiatives such as wWEED. I am excited about this project. Current Price: 0.17721 HIVE / $0.02027
$SPORTS
A cheaper token for the SportsTalk community, the price has fluctuated and found a stable price range. With a lot of lower quality posts, this token will struggle to find any significant price increase without a firmer roadmap. Current Price: 0.0002835 HIVE / $0.00003
Thanks for reading.
Great compilation of the important coin.
Posted Using LeoFinance Beta
WEED is looking to be a great token! I'm excited for wrapped WEED!
blurt has been surprising
Posted Using LeoFinance Beta
I am not happy that you write that SPT has no real use right now, which would be true for SPORTS, WEED and PAL as well. ;-P And BLURT is an airdrop on Steem holders, knowing omitting the HIVE community, who at this point had already dropped their STEEM for HIVE. We are investing a lot of time EVERY DAY to manually read and curate all of your posts about Splinterlands, to put the SPT token into many hands.
Regarding the price you are absolutely right, it is very easy to manipulate it up or down but more people buy then dump it. The supply on the market is so thin, that if only 200k SPT would be bought now, the price would jump higher than DEC.
Monster Upvote SPT (Splintertalk.io)
Delegate SPT to @Monster-Curator with LeoDEX or Hive Engine and earn daily SPT payouts.Monster Upvote SPT (Splintertalk.io)
Delegate SPT to @Monster-Curator with LeoDEX or Hive Engine and earn daily SPT payouts.