Well I was talking about individual token price and not the marketcap because Hive is most probably 10 times bigger than LEO . I understand there are more Hive out there than LEO but so does Hivers . I mean to say there are more Hive users than LEO users so shouldn't that take the Hive price over LEO ?
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No I dont think so. If Leo keeps developing like it is, the per token price will always be higher, and likely by a large amount. The token distribution is going to be much less, thus it allows for that.
It is like the difference between BTC and ETH. No matter how popular Ethereum gets, it will have a tough time surpassing BTC on a unit basis since there are 10x ETH to BTC.
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You are right . My reasoning was flawed . By your explanation , if we ever see Hive beat LEO price that means we have created a big sink for Hive which eats up Hive a lot.
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its not the just the number of users that matters but the value placed on the token itself,for example a crypto might have more users than bitcoin users but the bitcoin is more valuable than that particular crypto with many users....
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Yeah you make a good point but my question is what exactly derives the value for a particular token?
Is it the usability ?
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