Hive Debt at 8% for the First Time Since 2021

in Hive Statistics5 months ago

We are now at 8% Hive debt. It is becouse of the drop in price of Hive. The amount of HBD in circulation is more or less at the same level. The support level is also more or less at the same level around the 7 cents.

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https://www.hbdstats.com/

The debt limit is now at 30%, so no iminent danger here. At 20% HBD rewards will stop.

The long term debt from the recen post back in April looks like this:

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https://peakd.com/@dalz/a-look-at-the-hive-debt-or-data-on-hivehbd-supply-historical-debt-hbd-performance-or-apr-2024

At the end of 2021 there was a short term spike in the debt level up to 10%.

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As Hive drops, the ones that will be left making money will be all the overpriced proposals getting paid in stable coin.

So it's still fine, but we need to start being careful

everything is fine then

Hive debt seems to be getting higher than before

Wow, and Hive still keeps on going lower. I don't really know what's happening, so getting these updates help.

Thank you for the update, as the Hive drops we need more updates like this.