Steemit vs Hive Price & Volume Comparison

in #volume7 months ago

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Hi,

Here is the Weekly Analysis Report Regarding Steem Price and the Trading Volume in last week.

I don’t think to go into more detail. Since the Hive Platform is a split of Steemit and that platform is also going well, I thought it’s good to have a comparison between trading volumes in both Platforms also.

First, let’s Look into the Price variation of Steem & Hive Last week.

Steem Price Variation Within Last Week

DateOpenClose
2/29/2024$0.258N/A
2/28/2024$0.254$0.258
2/27/2024$0.255$0.254
2/26/2024$0.253$0.255
2/25/2024$0.250$0.253
2/24/2024$0.245$0.250
2/23/2024$0.245$0.245
2/22/2024$0.246$0.245

Hive Price Variation Within Last Week

DateOpenClose
2/29/2024$0.346N/A
2/28/2024$0.339$0.346
2/27/2024$0.337$0.339
2/26/2024$0.335$0.337
2/25/2024$0.332$0.335
2/24/2024$0.330$0.332
2/23/2024$0.338$0.330
2/22/2024$0.342$0.338

So, let’s see this data through a Graph. (For the graph, I will use the Open Prices of Both coins)

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Now Let’s Move into the trading volumes of Each coin within the last week.

Steem Trading Volume Variation Within Last Week

DateTrading Volume
2/29/2024$7,738,853
2/28/2024$4,002,303
2/27/2024$3,944,683
2/26/2024$3,417,679
2/25/2024$2,852,561
2/24/2024$2,595,467
2/23/2024$2,862,573
2/22/2024$5,017,499

Hive Trading Volume Variation Within Last Week

DateVolume
2/29/2024$3,196,215
2/28/2024$1,840,446
2/27/2024$1,580,166
2/26/2024$1,623,540
2/25/2024$965,864
2/24/2024$1,506,078
2/23/2024$2,214,313
2/22/2024$5,558,191

Now for comparison, Let’s See these data from a chart.

image.png

Thank You.

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