Compare Numbers Hive/CUB/LEO
Here some semi-boring, semi-useless content. But for me it is interesting.
So let's compare Hive and Leo and CUB and POB to some other cryptos in Marketcap.
Some Data first.
| Token | Supply | MC | Price |
|---|---|---|---|
| Hive | ≈ 396M | ≈ 220M$ | 0.60$ |
| LEO | ≈6,7M | ≈ 4,5M$ | 0.66$ |
| CUB | ≈2,35M | 5,2M | 2.20$ |
| POB | 452T | 301T$ | 0.66$ |
Let's compare the MC of these Tokens to other chains. What would be the Token price if Hive hits dogecoins MC for example.
Compare Hive to other coins
| Token | Marketcap | x Faktor | xHive |
|---|---|---|---|
| Hive | 220M | 1 | 0.60$ |
| EOS | 8B | 36.6 | 21.8$ |
| Tron | 10B | 45.5 | 27.27$ |
| Polkadot | 40B | 181.8 | 109.09$ |
| Cardano | 48B | 218 | 130.90$ |
| Doge | 85B | 386 | 231.81$ |
| BSC | 100B | 454 | 272.72$ |
| ETH | 409B | 1859 | 1115.81$ |
xhive= price of hive at these MC levels of compared Tokens.
2 Things I find really crazy.
First one: Hive at the same Marketcap as Doge would be worth 231$. And it's only a MEME coin. That's the power of marketing :) Useless product + marketing = $$$.
Second: Hive isn't useless. It's the opposite. If Hive would have a fork of Binance smart Chain (BSC) with hive as a native token. IT would have the same functions ETH/BSC have + all functions of hive.
Let's dream a bit. With the same Marketcap BSC has today, 1 Hive would be worth around 272$. Sure the Binance Exchange boost it too ( also with trading pairs and stable coin), it's not only the Token. But not impossible to become there.
Mini conclusion to Hive:
It shows me 2 things. First Hive is cheap and second, we have a lot of weak holders on Hive. I hope they sell out + marketing, so we can spread the token in more and stronger hands.
With such a High token price like in the examples, Hive would be a much different place at today. I cant imagine how it would be, but it would combine all things from ETH/BSC on hive faster and easier to use. Fintech + social in one Blockchain. Sounds to me superior (maybe I'm a moron :).
Compare LEO to other coins
Compare LEO is a big more difficult, because there is nothing out that would match it. So I think it would make the most sense to compare it to classic apps.
| Token | marketcap | x Faktor | xLEO |
|---|---|---|---|
| LEO | 4.5M | 1 | 0.66$ |
| 26B | 5777 | 3466.2$ | |
| 62B | 13777 | 9093.33$ |
Ok numbers are crazy and I know. But Projectblank could have the same functions as Twitter. So why not? And Linkedin (sold price to Microsoft) is IMO not innovative and a big circlejerk.
It shows how much space there is out to become bigger.
And the numbers could be more crazy compared to even higher social media apps. In the end, Users are the only thing that matters.
User experience for everything. Count also for Hive!
For CUB
| Token | marketcap | x Faktor | xLEO |
|---|---|---|---|
| CUB | 5,2M | 1 | 2.20$ |
| SUSHI | 2.3B | 422 | 973$ |
| Pancakeswap | 6,2B | 1192 | 2623$ |
| Uniswap | 22B | 4230 | 9307$ |
I know Cub supply is from today and from this point it says nothing :) But if funny and shows there is some potential and depending on burns, everything is possible.
Makes me confident to hold with Bridge that works well + Marketing.
By the way, after 1-year cub has something around 10M tokens. So everything /5 would be CUB supply on today's price in 1 year. Its also useless data :)
About POB
I known POB was planed, but after compare the other Tokens, it would be pointless to show. It's funny to compare and if POB would become Big, the MC is under 1M$ so if it would become 1B MC it would be 2000x (from today's supply). :D
Conclusion
It was funny to compare and it also shows how little hive is today. There is so much space to expand. With DEFI on Hive, things can change faster as we all expect IMO.
It also shows how important marketing is. Look at dogecoin. It's useless and worth a bazillion dollars
Overall useless data. I hope you had fun with it.
Posted Using LeoFinance Beta
Interesting set of comparisons. I almost NEVER upvote posts making comparisons between crypto valuations because they always just talk about token price, which is completely meaningless if you don't take into consideration the circulating supply.
I like the fact that you look not only at supply but also market cap.
I also like the fact that you point out the fact that all of this is "useless data".
Knowing that it's useless data actually makes it useful -- now theres a paradox for ya (maybe I should write about that in @calumam's POB Word of the Week contest).
I'm going to have to take a stab at your proposal on the WOTW post because nobody else has taken the plunge. Great idea though, interesting read for sure.
Go for it! Looking forward to hearing what you come up with.
Thanks.
To compare Resource credits + price + users is also interesting. I have the opinion RCs should also scale or like a bitcoin halving event, increase.
We all know with higher computing power for lower cost, Hive could also increase Rcs and lower costs for comments and so on. it would be easy to get done. But it shouldn't be random.
Blocktrades told me as an answer to a comment, Blocksize can be easily increased by a factor of 20 without any bigger problems. Even 100x would be doable the next time with development and cheaper computing power.
This would also mean 1 Hive would become 20 times more powerful.
With this in mind, scaling is no issue, the way the increases would be integrated would be the only problem I see. It shouldn't be random. Is bad for investors and users :)
I agree with @trostparadox. These are often pretty foolish because people overlook the number of tokens.
But you really framed things well. It is up to us to keep pushing things forward. There is no reason why Hive cant be higher on all the crypto lists.
Posted Using LeoFinance Beta
thank you!
Not sure if that's a dream or a nightmare! 😂
It puts all the hype into perspective that's for sure.
Iteresting to see these numbers even if it is "useless data".
Posted Using LeoFinance Beta
Hive can easily increase Rcs and decrease the costs of comments/transactions. At these prices, I think 0.05 Hive would be enough to use the platform without any problems :)
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very interesting comparisons and yes hive needs to invest more time in marketing.... i however think with the development of our so many dapps , hive will pull in more investors and moon over time
I think so too
Posted Using LeoFinance Beta
Yes, comparisons are always interesting and can lead us to some new levels of understanding things. Or not. 😎
who knows :D
Posted Using LeoFinance Beta
It’s crazy to see the upside potential of these coins but I don’t mind people telling they provide liquidity for the market and selling cheap to give others time to accumulate.
Also hive is something you can “mine” by action so for many people it’s the first token they ever got so they are going to want to sell it to see if it’s real and all that comes with it
Why I think networks like these also have done so well versus have is the ease setting up a wallet! All those chains have simple desktop wallets which are booted up in a few click and have loads of support on 3rd party wallets
HIVE isn’t on things like exodus, atomic wallet, Jaxx , trust wallet sure you can store the wrapped version but many dont even know that exists yet
Posted Using LeoFinance Beta