I would be very cautious while applying traditional economics to crypto world, obviously I don't deny supply and demand law but system is more complex and I see showing last month chart as plain manipulation.

We are still in early development phase and entangled in broader market cycles and price of Hive is inevitably tight to price of other crypto assets.

However, all the new potential usecases, services and goods availabe to purchase with Hive will make the whole ecosystem stronger. This is open sandbox, just bring your tools and build!