Steemit vs Hive Price & Volume Comparison

in #volume19 days ago

image.png

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
11/2/2024$0.162N/A
11/1/2024$0.163$0.162
10/31/2024$0.174$0.163
10/30/2024$0.175$0.174
10/29/2024$0.169$0.175
10/28/2024$0.166$0.169
10/27/2024$0.161$0.166
10/26/2024$0.161$0.161

Hive Price Variation Within Last Week

DateOpenClose
11/2/2024$0.177N/A
11/1/2024$0.182$0.177
10/31/2024$0.191$0.182
10/30/2024$0.194$0.191
10/29/2024$0.189$0.194
10/28/2024$0.186$0.189
10/27/2024$0.184$0.186
10/26/2024$0.181$0.184

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

image.png

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

Steem Trading Volume Variation Within Last Week

DateTrading Volume
11/2/2024$18,525,781
11/1/2024$15,826,006
10/31/2024$18,033,909
10/30/2024$20,428,938
10/29/2024$16,319,220
10/28/2024$10,667,138
10/27/2024$19,579,394
10/26/2024$19,521,359

Hive Trading Volume Variation Within Last Week

DateVolume
11/2/2024$1,860,262
11/1/2024$1,609,486
10/31/2024$1,621,639
10/30/2024$1,676,092
10/29/2024$1,639,203
10/28/2024$998,135
10/27/2024$1,653,968
10/26/2024$1,590,121

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

image.png

Steem to Hive Ratio

The y-axis represents the ratio, which is the price of Steem divided by the price of Hive. A ratio of 1 mean that Steem and Hive have the same price.

This is Daily Steem To Hive Ration through out the Past week. And Steem Price has gradually increased over the past week.

image.png

DateSteemHiveSteem: Hive Ratio
11/2/2024$0.162$0.1770.915
11/1/2024$0.163$0.1820.897
10/31/2024$0.174$0.1910.911
10/30/2024$0.175$0.1940.902
10/29/2024$0.169$0.1890.892
10/28/2024$0.166$0.1860.895
10/27/2024$0.161$0.1840.877
10/26/2024$0.161$0.1810.889

Thank You.

Sort:  

Upvoted! Thank you for supporting witness @jswit.

This post has been upvoted by @italygame witness curation trail


If you like our work and want to support us, please consider to approve our witness




CLICK HERE 👇

Come and visit Italy Community



Hi @randulakoralage,
my name is @ilnegro and I voted your post using steem-fanbase.com.

Come and visit Italy Community