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Steemit vs Hive Price & Volume Comparison

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randulakoralage
78
yesterdaySteemit3 min read

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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
12/28/2024$0.214N/A
12/27/2024$0.207$0.214
12/26/2024$0.221$0.207
12/25/2024$0.233$0.221
12/24/2024$0.239$0.233
12/23/2024$0.213$0.239
12/22/2024$0.193$0.213
12/21/2024$0.201$0.193

Hive Price Variation Within Last Week

DateOpenClose
12/28/2024$0.321N/A
12/27/2024$0.335$0.321
12/26/2024$0.319$0.335
12/25/2024$0.355$0.319
12/24/2024$0.361$0.355
12/23/2024$0.349$0.361
12/22/2024$0.241$0.349
12/21/2024$0.243$0.241

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
12/28/2024$28,421,061
12/27/2024$27,021,536
12/26/2024$28,666,827
12/25/2024$35,065,241
12/24/2024$70,673,211
12/23/2024$78,194,900
12/22/2024$30,530,009
12/21/2024$6,837,420

Hive Trading Volume Variation Within Last Week

DateVolume
12/28/2024$12,479,069
12/27/2024$35,645,351
12/26/2024$20,740,435
12/25/2024$25,335,954
12/24/2024$61,256,158
12/23/2024$810,522,186
12/22/2024$3,189,841
12/21/2024$3,992,035

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
12/28/2024$0.214$0.3210.667
12/27/2024$0.207$0.3350.618
12/26/2024$0.221$0.3190.692
12/25/2024$0.233$0.3550.656
12/24/2024$0.239$0.3610.663
12/23/2024$0.213$0.3490.610
12/22/2024$0.193$0.2410.804
12/21/2024$0.201$0.2430.826

Thank You.

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