Bitcoin & Crypto Whale: Tokenomics Topics

Many people believe in the sustainability of Bitcoin, it is really great that this is the number 1 cryptocurrency in market capitalization, it is true that the BTC is national currency in el salvador, for this reason I think it is a very strong cryptocurrency, another important point to consider is simply all the people who invest in BTC, there are really wealthy people who have billions of dollars in Bitcoin, but there are also most of us who have a few hundred dollars in BTC or maybe thousands of dollars, many users on Hive and people with a decent knowledge about cryptocurrencies can understand what moves the price of a cryptocurrency.

Bitcoin & Crypto Whale

It is true that a crypto whale can manipulate the price of a cryptocurrency, that is really true and many of us know that, but it is also true that crypto whales should bring value to a cryptocurrency, for example, I can comment what happened with FTX Exchange, this crypto exchange had a native token, this token is "FTT token", many people know this, but what they really do not know is how this token came to manipulate the price of the assets of the company and especially lead FTX Exchange to bankruptcy, it is true that many users in Hive were investors in FTX and they suffered really serious losses, Hive blockchain is a really huge ecosystem, we have a lot of users and also crypto whales, but if one of our whales is the holder of more than 75% of all the $HIVE in circulation, I think it is most likely that the price of our cryptocurrency will collapse and many of us will be affected.

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