We're seeing major signs of life in the BLURT token lately, including today when it jumped to a 7 month high, as the cryptocurrency market surges in the wake of Donald Trump's election.
As I said yesterday, the HIVE token has been suffering (along with that blockchain in general) over the same time frame. The following HIVE chart includes today's meager boost, as BTC surges to a new all-time high near $80,000 USD.
Comparing between the 2 charts shows clearly that BLURT has been gaining as HIVE scrapes along bottom. With BLURT currently 0.00276 USD and HIVE at 0.195, we are seeing them trading on exchanges at a ratio of 68:1. As far as I know, that is the cheapest HIVE has ever been when priced in BLURT. It was more than 150:1 at the start of last year.
I'm still holding all my BLURTs. I think they have a long way to go.
Remember, the all-time BLURT high so far is somewhere around 0.045 USD. That means if it went up another 16x (+1500%) it would still be below the high... and it should go much higher this time.
The entire cryptocurrency market is approaching its previous high of $3 trillion USD, with a major surge in the past few days:
With BLURT following BTC and the other cryptos sharply higher, and the bull market expected to last about another year, things are looking good.
Expect pullbacks along the way, and major resistance at 0.004 USD, but the overall prognosis is looking very positive.
Posted to Blurt, Steem, and Hive.
DRutter
