Steemit vs Hive Price & Volume Comparison

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

Date	Open	Close
10/19/2024	$0.181	N/A
10/18/2024	$0.178	$0.181
10/17/2024	$0.184	$0.178
10/16/2024	$0.187	$0.184
10/15/2024	$0.186	$0.187
10/14/2024	$0.177	$0.186
10/13/2024	$0.181	$0.177
10/12/2024	$0.180	$0.181

Hive Price Variation Within Last Week

Date	Open	Close
10/19/2024	$0.200	N/A
10/18/2024	$0.196	$0.200
10/17/2024	$0.198	$0.196
10/16/2024	$0.199	$0.198
10/15/2024	$0.202	$0.199
10/14/2024	$0.196	$0.202
10/13/2024	$0.200	$0.196
10/12/2024	$0.199	$0.200

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

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

Steem Trading Volume Variation Within Last Week

Date	Trading Volume
10/19/2024	$2,445,868
10/18/2024	$16,173,201
10/17/2024	$18,168,813
10/16/2024	$22,775,005
10/15/2024	$20,643,556
10/14/2024	$13,175,677
10/13/2024	$17,585,002
10/12/2024	$16,209,632

Hive Trading Volume Variation Within Last Week

Date	Volume
10/19/2024	$1,485,153
10/18/2024	$2,530,012
10/17/2024	$1,898,731
10/16/2024	$2,115,247
10/15/2024	$1,630,405
10/14/2024	$1,988,474
10/13/2024	$1,313,079
10/12/2024	$1,816,487

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

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.

Date	Steem	Hive	Steem: Hive Ratio
10/19/2024	$0.181	$0.200	0.906
10/18/2024	$0.178	$0.196	0.904
10/17/2024	$0.184	$0.198	0.926
10/16/2024	$0.187	$0.199	0.941
10/15/2024	$0.186	$0.202	0.918
10/14/2024	$0.177	$0.196	0.905
10/13/2024	$0.181	$0.200	0.902
10/12/2024	$0.180	$0.199	0.907

Thank You.