HIVE, a cryptocurrency arising from a Steemit hardfork, has achieved huge success in just two years, with its value more than twice that of Steem. The platform provides several benefits to bloggers who publish high-quality content, as well as support and awards to users who create good contents.. Despite these advantages, the HIVE ecosystem has major drawbacks that limit its growth and prevent its price from rising.

HIVE's limited awareness and user base is one of its key issues. Which means that only limited people know about this ecosystem which is the weakness of this ecosystem. Even after three years, many people are still ignorant of the site, limiting its potential for growth. As a result, number of people are unable to buy this coin because of lack of awareness, and important stakeholders, known as "whales," have showed little interest because of pump and dump.

Another disadvantage is that content providers make regular withdrawals to meet their living expenses. Not all people are good enough financially to not wihdraw. People have to earn and withdraw to run their monthly expenses.

This practise has a negative impact on HIVE's price stability, preventing long-term appreciation in prices. Encouraging people to keep their HIVE tokens rather than selling them on a regular basis could help stabilise the ecosystem and the price value. But this is not the total solution because people really need to withdraw because they need money.

Also, HIVE's limitless coin supply brings a difficulty, possibly causing price increases. Unlike other cryptocurrencies HIVE coin can be printed as you can which means that there is no limit for hive coin, which will surely decrease the price of hive coin. Implementing deflationary methods or limiting the quantity of #HIVE creation could create availability to the token in order to solve this issue.

Moreover, we all know that #HIVE is the coin which pumps and dumps several time during the month. Making investors confused about the price of hive. The negative thing that as soon HIVE price pumps it cools down back in just hours which is not good. This will surely disappoint many investors and users when they see no regular price rise in HIVE.

Several initiatives can be carried out to develop the HIVE ecosystem and fix these weak points. To convey HIVE's unique characteristics and benefits to a wider audience, community awareness campaigns can be launched. HIVE is the ecosystem which has the potential to advertise in a better way and there are many users that can do it.

Engaging big players or "whales" in the ecosystem is critical for its stability and growth. We need to bring more people onboard in this platform and attract the attention of whales in the ecosystem which will surely help increase in the price of hive. By doing so many whales and other people will come to know about the ecosystem and once they join the platform it will surely benefit the ecosystem and we get to see permanent price rise.

Also witness must focus on powering up strategy. Those hive users must be given more benefits who do regular power up. Furthermore, rewarding and incentivizing users who power up their HIVE tokens rather than withdrawing them on a regular basis can help to build a more stable environment.

Once, user came to know about extra benefits of stacking their tokens then they will look to power up instead withdrawing their coin. This strategy will surely strengthen the ecosystem and help the price of hive to give a good and permanent rise.

Implementing systems that provide benefits to powered-up users can incentivize users to retain their coins and promote a stronger ecosystem.

This is my attempt to inform you about the weakpoints of the HIVE ecosystem which needs attention and strategies to strengthen the ecosystem. It was also explored why the hive price is not rising and why fewer individuals are aware of the ecosystem. I hope you find the post informative, and I hope you enjoy it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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