What's New With Hive and Hive Goals June 6th

This is a weekly article I like to write to keep up with the new things going on with the hive blockchain and the applications that run on it. It will include things like token price action, updates to hive or the applications that run on it that seem news worthy (so not small updates). It may also include some of my own personal goals if the updates are short for that week. This section of the article is to hold me accountable but also to show others what is possible with continue work, commitment, interacting with the community, investing and providing value.

Hives Price

The price action on hive has been rough but then again so has the entire crypto market with the massive sell off that happened all in one shot. It's wild that someone still controls that much to just nose dive everything.

Overall the price of hive has seen very little positive pressure during this entire bull market which should put some things into question about what's going on with the blockchain and find solutions for it.

Outside of that application wise there hasn't been much in terms of major updates. It's been a little quite lately which doesn't feel like so much of a good thing when the rest of the crypto markets are booming with activity.

Aside from the doom and gloom feeling of this post there are still many promising projects for the hive blockchain primarily InLeo and Splinterlands

Goals

$HIVE

Goal: 250,000 Current: 109,698

Week over week we increased by a small amount this time only pushing a total of 366 more hive powered up. That's a rough total of around 52 hive powered up per day which is a little over half of my goal which is 100 hive per day.

Now there's also something important to note here. As the price of hive rises and falls so will the amount of hive earned. For example when hive prices are low the amount of hive earned is normally higher due to less people interacting with the chain which means more weight on the rewards pool to fewer people. As the price goes up you'll often see hive earned dip down but HBD earned increase.

HBD

Goal: 182,500 Current: 4,344.43

Week over week we increased this my 31.13 HBD Which is an ok amount as the amount is earnings from author rewards primarily. If we factored in the interest being earned it would take me to roughly 50 HBD per week. The goal here is to reach 182,500 mainly because that means as long as HBD held the 20% APR then it would be generating 100HBD per day which is often a goal of many people in the financial world.

$LEO

Goal: 150,000 Current: 138,697

Week over week this pushes me to have earned 445 LEO last week or around 63 LEO per day. Which is a small decline from last week which was 66 per day. However I did add more LEO:Swap.hive into the liquidity pool this morning so that could factor in why it "seems" lower and I have no good way of factoring in fees earned at the moment.

Overall though that's good as it's still progressing me towards my end of year goal faster than what I would need daily which means hitting that goal will come sooner rather than later.

With prices nosediving as well it might be a good moment to take some stable coins into these assets.

Splinterlands

Splinterlands is still going strong and I know times like now when assets are crazy low it can be worrisome to get involved and invest the time and energy into it. However that often is the case of why I've been so lucky in many cases with crypto.

If there's a project, blockchain or token I believe in I'll stay committed to it. Those massive token earnings while prices are crazy low have often resulted in the biggest wins of my life and really there's no risk besides time of playing the game. So SPS is still on the table to get to 1 million SPS and it's becoming easier. I would highly encourage anyone else to start stocking up as well if you enjoy hive and a solid game built on top of it.

  • This article is for entertainment purposes only and is not financial advice. Do your own research before investing.

Posted Using InLeo Alpha



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8 comments
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Unfortunately, the HIVE falls. For a year I have been watching for the fall of all tokens in the HIVE "ecosystem".

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It's so sad to see the HIVE tokens struggle. I've been observing the downtrend for a a couples days now. Despite the challenges, I believe staying committed to promising projects like InLeo and Splinterlands will be the best move.... I'm certain things will get much better in the future 🥰🥰 but let me ask is it because of Bitcoin going down?

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

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!ALIVE
!PIZZA
!KING
!hiqvote

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Great effort King @bitcoinflood, libertycrypto27(1/6) is grateful for the work and dedication you put into this post. Your contributions are truly appreciated.

We are so lucky to have you as a member of our community! @libertycrypto27 is sending you 50.0 EXP as a token of appreciation for all that you do.

BTW! EXP! is the token that will unlock the full experience of our games and give you access to all the rewards


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(Edited)

I'm disgusted by the price. After 6 years here. What a loss. I can't be bothered to write any more.

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