Many people look to as a powerful dapp on the Steem blockchain because they sold 500k Steem worth of cards. Steem Monsters currently has roughly 430k Steem (between SP, SBD and Steem) in their wallet to use as a war chest to build their company going into the future. Well a lot of their card sales were made when Steem was over $2. So their war chest is much smaller holding through the bear market. @Steemhunt on the other hand was powering down their SP continuously, until the bear market hit the bottom when they stopped powering down, and are now building up their Steem holdings. Earlier today Steemhunt sold $80,000 USD worth of their Hunt tokens. That is equal to 175733.06 Steem. I didn't do the math on the rounds before this, but I believe there have been over 3 rounds selling over $80k each. I cant wait to watch what the Steemhunt team does with these resources. Who knows, maybe they will buy some SP.
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