HIVE Coin Review:
Hive (HIVE) is a decentralized platform created in 2020 after the Steem blockchain hard fork. Its main goal is to support social networks and applications focused on content creation.
HIVE Basics:
Project Goal: To create an independent ecosystem for developers, content creators, and users.
Factors Affecting the Price:
1. Popularity of Hive-based applications.
2. Competition with other blockchain platforms.
3. The overall state of the cryptocurrency market.
Risks:
- High price volatility.
- Strong dependence on the success of the ecosystem.
Hive is an interesting project for long-term monitoring, but be sure to conduct your own research before investing.