It seems like we're entering a bull market again this year, so I wanted to see how my experiment with Hive-engine liquidity pools is going.
Screenshot
Well, unfortunately, it seems like we haven't moved much at all. Hive, which is the leading token, hasn't moved upwards either. It's been a while, and Hive doesn't seem to ever react to the upswing; quite the opposite.
I've read some articles that attribute this to the fact that Ethereum isn't riding the wave either, and that's weighing down the rest of the altcoins. But I don't know if I agree entirely because I've seen coins like XRP and Solana rising, or Tron also growing. Even memecoins like Doge and Pengu are also reacting.
So it's really a mystery to me. If anyone has a good answer, feel free to leave a comment.