Interaction is Increasing in Hive Blockchain
Even number of content posts is decreasing during crypto market in bullish trend, interaction in Hive Blockchain is increasing.. Crypto market is in bullish trend for 3 months. Hive is one of undervalued crypto. Because Hive price is only 50% up from the bottom. That may be why contet posts number is decreasing...
Here you can see monthly chart of content posts. It is decreasing as Hive price.. All time high of this chart is in December 2021 as Hive price..
The hype of crypto market in 2023 did not help Hive to make more contents..
Here you can see yearly chart of Hive content posts of Hive Blockchain. 2023 was all time low for Hive... Hive need more new users to product more content. But having more content post is not the meaning of quality...
Here you can see the chart of content comments. Even post number is decreasing, content comments number is increasing. So, it can be said that Hive has more quality posts that have more comments. Quality bring the interaction and Hive has more comments month by months..
Quality of posts is important. Hive did do this. But Hive need more new users. We should think that...
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Hive seems to suffering from colony collapse disorder as user retention dwindles and a few whales are left holding the bags. It was nice while it lasted but Hive blockchain is dying. Only Splinterlands props it up. I've lost faith in Hive after 6 years blogging here. Even though it has all the ingredients for success. That means the people running Hive have failed somewhere.
I'd say that one of the things that has failed is making the Hive token more accessible through CEX's... it's difficult to find, and really hard for people to buy if they live in the USA, which is a large market. Sure it's "nice" to rely on DEX's but those who are just "crypto curious" will not start their journeys by jumping in at the deep end.
Splinterlands succeeded/succeeds because you can get involved with fiat and a credit card.
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Wow that's a very good point which I haven't heard before.
Whereas it is good to see commenting engagement be on the rise, we really need the core usage to go up, and that will require getting a lot of new users.
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